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Property profile & analytics
OFF-MARKET
Land

33 Magenta Ln Picayune, MS 39466

Property ID
Property summary
AI-generated overview

This exceptional 39466 Picayune, Mississippi land parcel, identified as NHN Lot 33 Magenta Lane, presents a unique opportunity for residential development. Priced affordably at $12,000, this cleared lot is situated within the desirable Red Hill Estates subdivision. Its secluded location in the back corner of the community ensures a peaceful and tranquil setting, far from the main thoroughfares, offering residents a quiet escape. The property's convenient location provides easy access to both the Mississippi Gulf Coast and the vibrant city of New Orleans, making it an ideal choice for those seeking a balance between suburban serenity and urban convenience. The lot is ready for immediate construction, eliminating the need for extensive site preparation. Red Hill Estates is a well-established community, and multiple lots are available for those seeking larger-scale development or investment opportunities. This is a rare chance to acquire a build-ready lot in a highly sought-after location at an attractive price point. The property's address is NHN Lot 33 Magenta Lane, Picayune, MS 39466. Coordinates are 30.4862267 latitude and -89.7039698 longitude.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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