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    211 Park Ave Greenwood, MS 38930

    Sponsored
    For Sale
    $349,500

    High-demand location, income-producing retail.

    Property size:
    8,396 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 8,396 square foot retail property, located at 211 W Park Avenue in Greenwood, MS, presents a rare investment opportunity. Situated on a 0.44-acre lot in a highly sought-after commercial area, this building currently generates income as a leased daycare center. The property offers significant upside potential with additional leasable space, making it ideal for investors seeking a strong return. The building's prime location on Park Avenue ensures high visibility and accessibility for businesses. This property is perfectly positioned to capitalize on the thriving commercial activity in the area. Its current occupancy provides immediate cash flow, while the available additional space allows for expansion or the addition of complementary businesses. The asking price of $349,500 represents a compelling value for a property of this caliber in such a desirable location. This is an exceptional opportunity for both investors and business owners seeking a turnkey operation or a strategic expansion. The property's size and location make it suitable for a variety of commercial uses, offering flexibility and potential for long-term growth. Don't miss this chance to acquire a prime commercial property in a thriving Greenwood, MS market.

    Property Features for 211 Park Ave

    General Information

    Property type
    Retail properties
    Square Feet
    8,396 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1946
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Leflore
    State
    Mississippi
    Longitude
    -90.19186
    Latitude
    33.53139

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    FAQs

    What type of property is this?
    Retail property - High-demand location, income-producing retail.
    Where is this retail property located?
    The property is located at 211 Park Ave Greenwood, MS.
    What is the asking price?
    The asking price for this property is $349,500.
    (662) 453-8855
    Request Owner's contact information
    211 Park Ave Greenwood, MS 38930
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    Greenwood, MS 38930
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    Realmo Value Estimation

    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.

    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.

    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
    211 Park Ave Greenwood, MS 38930
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