801 Highway 11Picayune, MS 39466
- Retail properties
- 45,886 SF
Property Details for 801 Highway 11
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 211.57 AC
- Property size (Sq ft)
- 45,886 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 6176140030501401
- APU
- 6176140030501401
Description
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
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $10,696,706
- 6.5%
- $9,873,882
- 7%
- $9,168,605
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,820,566
- Geo Method
- $8,220,330
-
Alternative Use
- Use
- Valuation
- Residential
- $8,328,989
- Hospitality
- $7,629,310
- Educational
- $6,347,496
- Medical
- $6,565,796
- Retail
- $9,873,882
Location Insight
- City
- Picayune
- County
- Pearl River
- State
- Mississippi
- Latitude
- 30.5181
- Longitude
- -89.6806
- CBSA code
- 38100
- CBSA name
- PICAYUNE, MS MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
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