6499 Highway 11, Picayune, MS 39466
This exceptional commercial land parcel, located at 6499 Highway 11 North in Picayune, Mississippi, presents a unique investment opportunity. Boasting approximately 530 feet of frontage on the heavily travelled Highway 11 North corridor, this property benefits from its position within a rapidly expanding commercial area. The surrounding businesses include dentist offices, medical clinics, insurance agencies, a power company office, climate-controlled storage facilities, and convenience stores, demonstrating a strong and diverse commercial presence. While situated outside the city limits of Picayune, annexation is a possibility, and city water and sewer services are conveniently located across Highway 11, making utility connections straightforward. This prime commercial land offers exceptional visibility and accessibility, making it ideal for a wide range of commercial developments. The asking price is $765,784. The property's location in Pearl River County, zip code 39466, ensures easy access to major transportation routes and a growing consumer base. This is a rare opportunity to acquire a significant piece of land in a thriving commercial area with excellent potential for future growth and return on investment.
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
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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.