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    3 4 & 5 Picayune, MS 39466

    Sponsored
    For Sale
    Contact for pricing

    Three city lots, R-3 zoning, investment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional investment opportunity presents three contiguous city lots located on a quiet dead-end street in Picayune, Mississippi. The property, identified as NHN Katie Beck Dees Street Lot 3, 4 & 5, is conveniently located at 39466 and boasts a prime location with coordinates 30.5257074 latitude and -89.6662969 longitude. The combined lots offer significant potential for various development projects. Crucially, the property is zoned R-3 Residential Multi-Family, opening doors to a range of possibilities, including the construction of multi-family dwellings, apartments, or townhouses. This zoning designation makes it an attractive proposition for investors seeking to capitalize on the growing demand for rental properties in the area. The dead-end street location provides a peaceful and secure environment, enhancing the overall appeal and desirability of the property. With its strategic location, favorable zoning, and potential for diverse development, this land parcel represents a compelling investment opportunity for discerning buyers seeking to build a strong portfolio. The asking price for this exceptional property is $14,000.

    Property Features for 3 4 & 5

    General Information

    Property type
    Land

    HighLights

    • $14,000 asking price for three city lots.
    • Located in Picayune, MS, 39466.
    • Zoned R‑3 Residential Multi‑Family.
    • Situated on a dead‑end street.
    • Ideal investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6662969
    Latitude
    30.5257074

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    FAQs

    What type of property is this?
    Land - Three city lots, R-3 zoning, investment potential.
    Where is this land located?
    The property is located at 3 4 & 5 Picayune, MS.
    What is the asking price?
    The asking price for this property is $14,000.
    What are key features of this property?
    This property features: $14,000 asking price for three city lots.; Located in Picayune, MS, 39466.; Zoned R-3 Residential Multi-Family.
    (601) 798-3399
    Request Owner's contact information
    3 4 & 5 Picayune, MS 39466
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    Picayune, MS 39466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 4 & 5 Picayune, MS 39466
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