48 Magenta Ln Picayune, MS 39466
This exceptional 39466 Picayune, MS lot, located at NHN Lot 48 Magenta Lane, presents a unique opportunity for building your dream home. Priced at $12,000, this cleared lot is situated in the desirable Red Hill Estates subdivision. Its secluded back corner location ensures peace and quiet, offering a welcome respite from the hustle and bustle. The property is conveniently located for easy commutes to both the Mississippi Gulf Coast and New Orleans, providing access to a wealth of amenities and attractions. Red Hill Estates is a well-established community, and this lot is ready for immediate development. The lot's size is not specified, but its cleared status eliminates the need for extensive site preparation. Multiple lots are available within the subdivision, making it an ideal choice for builders or investors seeking multiple properties. This is a fantastic opportunity to acquire a piece of land in a highly sought-after location at an attractive price point. Don't miss out on this chance to build your future in a tranquil yet conveniently located setting.
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.