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    1375 Reed Rd Greenville, MS 38703

    Sponsored
    For Sale
    $110,000

    Prime Retail Space, Vacant, High Traffic Area

    Property size:
    842 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 842-square-foot storefront, located at 1375 E Reed Rd in Greenville, Mississippi (zip code 38703), presents a fantastic investment opportunity. Priced at $110,000 ($130.64 per square foot), this vacant property is situated on a 0.34-acre lot and boasts a convenient C2 zoning designation. The single-story, brick building was constructed in 1988 and features ample paved parking both in front and behind the structure. Previously utilized as a barbershop, the space is ideally suited for a similar business, offering four wash stations, a dedicated office area, and attractive vinyl flooring throughout. The property's excellent location ensures high visibility and accessibility for potential customers. The building's layout and features make it a turnkey solution for a variety of retail ventures. The property's APN is 495590000. This is a rare opportunity to acquire a well-maintained, established retail space in a thriving Greenville commercial district. Don't miss out on this chance to own a piece of Greenville's vibrant business landscape.

    Property Features for 1375 Reed Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    842 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    HighLights

    • $110,000 asking price for this 842 SF storefront.
    • Vacant retail property in Greenville, MS.
    • Located at 1375 E Reed Rd, Greenville, MS 38703.
    • Features 4 wash stations, ideal for a barber or beauty shop.
    • 0.34‑acre lot with ample paved parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Colonial Barber & Style ... Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Washington
    State
    Mississippi
    Longitude
    -91.031858210958
    Latitude
    33.385339811593

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Vacant, High Traffic Area
    Where is this individual retail property located?
    The property is located at 1375 Reed Rd Greenville, MS.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: $110,000 asking price for this 842 SF storefront.; Vacant retail property in Greenville, MS.; Located at 1375 E Reed Rd, Greenville, MS 38703.
    Request Owner's contact information
    1375 Reed Rd Greenville, MS 38703
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    Greenville, MS 38703
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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
    1375 Reed Rd Greenville, MS 38703
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