0 Highway 11 Picayune, MS 39466
This exceptional retail property, located on Hwy 11 N in Picayune, Mississippi, presents a unique investment opportunity. The property boasts a one-acre lot, offering significant potential for development or redevelopment. Its strategic location on a major highway ensures high visibility and accessibility, making it ideal for a variety of retail businesses. The asking price is $109,500. Situated in Pearl River County, with a zip code of 39466, this property benefits from its proximity to the vibrant Picayune community. The geographic coordinates are 30.5375871 latitude and -89.6728812 longitude. This is a blank canvas for a discerning investor seeking to establish a thriving retail presence in a growing market. The property's size and location provide ample opportunity for expansion and customization to suit a wide range of business needs. The property is currently designated as retail space, offering immediate potential for various commercial uses. Serious inquiries are encouraged to explore the possibilities of this attractive investment. This is a rare opportunity to acquire a prime retail lot in a desirable location at an attractive price point. Don't miss out on this chance to secure a valuable asset in a thriving Mississippi market.
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.