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Property profile & analytics
FOR SALE
Retail space

801 Highway 11 South Picayune, MS 39466

45,886 SF 211.57 ac lot Built 1992
Individually Owned 14-yr Hold Free & Clear
Property ID
US50-0859951
801 Highway 11 South, Picayune, MS 39466 For Sale
Contact for pricing 45,886 SF
801 Highway 11 South, Picayune, MS 39466
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Property summary
AI-generated overview

This exceptional retail and office space, located at 801 Hwy 11 S in Picayune, Mississippi, 39466, offers two available suites ranging from 2,162 to 2,914 square feet. Suite A, a spacious 2,900 square foot unit, boasts a large open area, two restrooms, and a striking glass window front. Currently undergoing a complete renovation, this suite will feature a brand-new HVAC system, updated restroom sink cabinets and fixtures, new lighting, and fresh flooring, making it the most attractive retail or office space in Picayune. Tenants have the opportunity to select the paint color for the entire space. The property benefits from ample parking directly in front. Its strategic corner location at Memorial Blvd provides high visibility and convenient access to I-59 and Highway 11 South, ensuring significant traffic flow. This thriving shopping center is anchored by established businesses including Wendy's, Logan's Chicken, Hancock Whitney Bank, Pizza Hut, Crosby's Furniture, Progressive Insurance, and MedCentris. Tenants are responsible for electricity, phone, and internet

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1992
Construction WOOD
Total area 45,886 SF
Lot 211.57 ac (9,215,990 SF)
APN 6176140030501401
UPID US50-0859951
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Priscilla H Kauffman · 14 yrs held
Priscilla H Kauffman
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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