105 Highland Pkwy Picayune, MS 39466
This exceptional commercial lot, located at 105 Highland Parkway in Picayune, Mississippi, presents a unique investment opportunity. Situated on a main state highway, this property boasts unparalleled visibility and high traffic counts, ensuring maximum exposure for any business. Its strategic location near a local hospital and the Post Office further enhances its appeal. The lot is zoned C3 and is exceptionally level, eliminating the need for extensive site preparation – no dirt hauling required. This build-ready lot offers multiple development possibilities for a variety of commercial ventures. The asking price is $599,000. Alternatively, the property is available for lease at a rate of $4.00 per square foot per year. A survey of the property is available upon request. The lot size is one square foot, which is a typographical error and should be clarified with the seller. The address is 105 Highland Parkway, Picayune, MS 39466. This prime location offers significant potential for immediate development or long-term investment. Don't miss this chance to secure a highly visible and convenient commercial property in a thriving Mississippi community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.