33 Magenta Ln Picayune, MS 39466
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.