Property profile

510 Canal St Picayune, MS 39466

OFF-MARKET
Office buildings
Property ID
US50-1009455
822 SF 0.34 ac lot Built 1977
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial land parcel located in the historical downtown area of Picayune, Mississippi, on W. Canal Street, with a lot area of 0.303 acres. The site measures approximately 100 feet in width by 132 feet in depth and consists of two city lots (Lots 9 and 10). It has frontage on W. Canal Street and also fronts an alley at the rear, which is identified as a utility easement used by neighboring businesses for deliveries. The property is located within the established “recreation area,” which permits golf carts and allows “to-go cup” privileges for alcohol sales during special events, subject to city regulations. The surrounding area includes established neighborhood businesses such as a flower shop, church, and professional offices, with retail and dining uses within a few blocks. The lot is currently vacant and is configured for potential commercial development consistent with applicable zoning and local requirements.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 822 SF
Lot 0.34 ac (14,875 SF)
APN 6176140030200300
UPID US50-1009455

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store

Location

510 Canal St Picayune, MS 39466-4514
Picayune metro Census 950702 PICAYUNE, MS MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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