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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
Storefront
Building Size
6,300 SF
Building Class
B
Year Built
1992
Price
$1,787,448 CAD
Price Per SF
$283.72 CAD
Cap Rate
7.16%
NOI
$127,951 CAD
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
334’ on Highway 11 S
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Nearby Major Retailers

CrossFit
Hancock Whitney Bank
HOTWORX
Applebee's
Regions Bank
Waffle House
BankPlus
IHOP
PJ'S Coffee Of New Orleans

Property Taxes

Property Taxes

Parcel Number
6-17-6-14-003-050-1401
Land Assessment
$378,114 CAD
Improvements Assessment
$2,888,213 CAD
Total Assessment
$3,266,327 CAD
  • Listing ID: 40600749

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 801 Highway 11 S, Picayune, MS 39466

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