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Property profile & analytics
OFF-MARKET
Lifestyle centers

795 Hwy Picayune, MS 39466

142,867 SF
Property ID
Property summary
AI-generated overview

Picayune Place Shopping Center, located at 795 South Highway 43 in Picayune, Mississippi, presents a compelling investment opportunity. This single-story, 142,867 square foot shopping center sits on a 22.48-acre lot (APN: 6176140030601402) in Pearl River County (zip code 39466). The property boasts a strong location on the retail corridor of Pearl River County, serving a wide regional area including portions of Hancock County, St. Tammany Parish, and Washington Parish. Currently, there are 60,817 square feet of vacant space available, divisible into units ranging from a minimum of 1,798 square feet to a maximum contiguous space of 37,775 square feet. The center features a mix of soft goods and service tenants, demonstrating a history of stable occupancy. This property offers significant potential for growth and income generation, benefiting from its established presence and strategic location within a thriving market. The property is well-suited for a variety of retail uses and presents a unique opportunity for investors seeking a strong foothold in the Mississippi retail market. The center's established tenant base and high visibility along South Highway 43 provide a solid foundation for future success. This is a rare opportunity to acquire a substantial retail property in a high-demand area.

Property profile
Verified
Property type Lifestyle centers
Total area 142,867 SF
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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