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    The Largest CRE Database in the US with Over 1 Million Listings

    1325 Greenwood Dr Charleston, MS 38921

    Sponsored
    For Sale
    $1,796,500

    Farm/Estate - Charleston, MS

    Type:Farm
    Property size:
    5,620 SF
    Lot size:
    136.00 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 16 at 2:06 pm

    Property Features for 1325 Greenwood Dr

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Dining Room, Kitchen
    Bedrooms
    5
    Bathrooms
    6
    Parking features
    Garage, Garage - Attached
    Interior features
    Walk-in Closet
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
    Size
    5,620 SF
    Lot size
    136.00 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Propane (Heating)
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2009
    Year renovated
    2009
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood, Laminate, Tile
    Building materials
    Brick, Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    George Speir

    Delta Sunset Realty, Inc. (662) 647-8777

    Listing agent George Speir (662) 647-8777

    Listing date Feb 12, 2026

    MLS# 11406988 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Charleston Farm/Estate on 136 Acres

    This upscale estate is situated on a private 136-acre parcel of hill land, offering views of the Mississippi Delta and a pond stocked with bass, bream, and catfish. The property is abundant with deer and turkeys, among other species, and features timberland with trails throughout. The house includes a large basement that can be remodeled into several rooms. The master suite is approximately 500 square feet, featuring a fireplace and access to both the deck and patio. The master bath spans over 250 square feet, and the walk-in closet is 160 square feet. The dining room and great room offer views and lead to the 700-square-foot patio. A second bedroom/library, family room, elegant kitchen, and utility room complete the main floor. A winding staircase leads to the second floor, which overlooks the great room and includes a lounge with entrances into three bedrooms, each with private baths. The property is located in Charleston, MS.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Charleston
    County
    Tallahatchie
    State
    Mississippi
    Longitude
    -90.071712
    Latitude
    33.957583

    Nearby Similar for Sale

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      $349,000
      14,000 SF

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      14,000 SF commercial building on Main Street in Charleston, MS.
      304 West Main St, Charleston, MS 38921
      View Details

    FAQs

    What type of property is this?
    Farm - Upscale living on 136 acres with stocked pond.
    Where is this farm located?
    The property is located at 1325 Greenwood Dr Charleston, MS.
    What is the asking price?
    The asking price for this property is $1,796,500.
    What are key features of this property?
    This property features: - Private 136-acre property with timber and trails.; - Enjoy the stocked pond with bass, bream, and catfish.; - Upscale home with high-end features and finishes.
    (662) 647-8777
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    1325 Greenwood Dr Charleston, MS 38921
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    Charleston, MS 38921
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1325 Greenwood Dr Charleston, MS 38921
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    We can help!
    Listing Contact
    George Speir
    (662) 647-8777
    Learn more
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