114 Elizabeth St

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114 Elizabeth St

Picayune, MS 39466
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 0.22 acres for sale.
  • Property is situated at 114 Elizabeth St in Picayune.
  • Located within the developing Pearl River County commercial market.
  • Strategically positioned near regional transit routes and local commerce.
  • Suitable site for targeted retail or professional development projects.

What's Special

This commercial land covers 0.22 acres at 114 Elizabeth St in Picayune, Mississippi. The property is situated in a growing regional market that serves as a transit point between the Mississippi Gulf Coast and the greater New Orleans metropolitan area. Picayune maintains a steady local economy supported by its proximity to major transportation corridors, providing a functional setting for business development. Given its commercial zoning and accessible location, this parcel is suitable for a variety of small-scale professional or retail ventures seeking a foothold in Pearl River County. Investors and developers will find this site provides a straightforward opportunity to establish a presence within a community characterized by its accessible suburban environment and consistent growth patterns.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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