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Property profile & analytics
OFF-MARKET
Land

105 Highland Pkwy Picayune, MS 39466

Property ID
Property summary
AI-generated overview

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.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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