Picayune MS-43 Development Site
Vacant Land
for Sale
| Catylist Listing ID: |
30807941 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
1.74 Acres
|
| Sale Price: |
$585,000 |
| Unit Price: |
$336,206 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/28/2023 |
Overview / Comments
1.74-acre development site for sale located on MS-43 just west of the Hwy 11 and MS-intersection. Subject property is located in a strong retail corridor near retailers and restaurants including Walgreen's, McDonald's, Dairy Queen, Sonic, Family Dollar, Waffle House, and more. C-3 (Highway Commercial) allows for a variety of retail, restaurant,medical, office, and hospitality uses.
The site has approx. 407' of frontage along MS-43. Lot depth is approx. 168'. The parcel also fronts Lisa Ann Lee St., which has left turn access from westbound MS-43. Hwy 11 was recently widened and both MS-43 and Hwy 11 were repaved at the intersection.
Traffic counts fronting the parcel exceed 9,900 VPD and the Hwy 11 / MS-43 intersection sees in excess of 20,000 VPD.
|
Additional Details
| Nearest MSA: |
Picayune |
| County: |
Pearl River |
| Tax ID/APN: |
6171110010200200 |
| Zoning: |
C-3 HIGHWAY COMMERCIAL |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
MS-43 |
| Feet of Frontage: |
407 |
| Traffic/Vehicle Count: |
9,900 |
| Highway Access: |
1.3 miles to I-59. |
| In Flood Plain?: |
Yes |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,519 |
17,004 |
24,896 |
| Median Age: |
41.71 |
40.08 |
39.35 |
| Households: |
1,004 |
6,635 |
9,611 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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