6415 Highway 11 Picayune, MS 39466
This exceptional 5.5-acre commercial land parcel presents a remarkable investment opportunity in Picayune, Mississippi. Located at 6415 Highway 11, this property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility for any commercial venture. The expansive lot size offers ample space for a variety of development projects, from retail centers and restaurants to light industrial facilities or warehousing. Its strategic location within Picayune provides convenient access to local amenities, a growing population base, and major transportation routes. The asking price for this prime commercial land is $450,000. This represents a compelling value proposition considering the property's size, location, and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site surveys and environmental reports are available upon request. The property is zoned for commercial use, simplifying the permitting and development process. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Mississippi community. Act quickly, as opportunities like this are rare. The property is ready for immediate development, making it an ideal choice for investors seeking a quick return on their 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
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.