271 Bobby Lane

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271 Bobby Lane

Picayune, MS 39466
Asking Price
$330K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Parcel consists of 27.5 acres of residential land
  • Property located at 271 Bobby Lane in Picayune
  • Asset available for sale at 330000 dollars
  • Site supports various residential development and subdivision projects
  • Strategically positioned within the growing Pearl River County market

What's Special

Picayune, Mississippi serves as a growing suburban market within the larger Gulf Coast region, benefiting from its proximity to major transportation corridors and a steady regional economy. This 27.5-acre parcel of land sits at 271 Bobby Lane and presents a significant development opportunity for residential use. The expansive acreage provides ample space for a variety of housing configurations, allowing developers to capitalize on the increasing demand for residential inventory in Pearl River County. Investors and builders seeking to expand their portfolio will find this site well-positioned for future subdivision or private residential projects. The topography and size of the tract support long-term planning efforts, whether for planned unit developments or custom residential estates. Its strategic placement within the local landscape facilitates connectivity to surrounding community services while maintaining the character of a more spacious, residential environment.

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NOI
$80,000
Cap Rate
24.24%
DSCR
4.08
Strong
Cash-on-Cash
61.02%
Monthly Payment
$1,632.66
Annual Cash Flow
$60,408.081

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