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801 Highway 11 S
Picayune, MS 39466
Fine Center · Retail Property For Sale
Executive Summary
Fully leased retail/office building for sale in Picayune, Mississippi. Net Operating Income is $93,000 annually. Tenants include two medical clinics and a sporting goods retailer. See Marketing Presentation for details.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,300 SF
Building Class
B
Year Built
1992
Price
$1,300,000
Price Per SF
$206.35
Cap Rate
7.16%
NOI
$93,058
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
4.47 AC
Zoning
C-3 - Commercial
Parking
240 Spaces (38.1 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 6-17-6-14-003-050-1401 | Improvements Assessment | $2,100,580 |
| Land Assessment | $275,000 | Total Assessment | $2,375,580 |
Property Taxes
Parcel Number
6-17-6-14-003-050-1401
Land Assessment
$275,000
Improvements Assessment
$2,100,580
Total Assessment
$2,375,580
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