Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Browning Road Ext Greenwood, MS 38930

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Browning Road Ext Greenwood, MS 38930

    View on Map
    • Land
    • 76.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Browning Road Ext

    Lot size
    76.00 lot acres
    Property type
    Land

    Description

    This exceptional 76-acre property in Leflore County, Mississippi, near Greenwood (zip code 38930, Browning Rd Ext) presents a unique investment opportunity. The land boasts approximately 65 acres of mixed hardwood timber, ideal for long-term growth and potential revenue generation. Adding to its appeal are approximately 5-6 acres of open land, perfect for establishing a deer hunting field and a dove food plot. Two valuable water sources enhance the property's recreational value: a small pond and a picturesque duck hunting brake featuring Tupelo gum and cypress trees. A strategically located area east of the timber offers potential for creating a controlled water source via a floodgate. Low property taxes of only $29 annually make this a highly attractive proposition. This versatile property offers diverse recreational opportunities, including deer, duck, and dove hunting, making it an ideal retreat for outdoor enthusiasts seeking a smaller, manageable tract of land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Leflore
    State
    Mississippi
    Longitude
    -90.1274
    Latitude
    33.5206

    Comparable in this City

    • Value Estimation by Request
      39.80 Acres

      39.8 Acres In Carroll

      Agricultural land / Farmland • 39.80 Acres
      0 39.8 Acres In Carroll, Greenwood, MS 38930
      View Details
    • Value Estimation by Request
      0.00 Acres

      706 Crockett St

      Land • 0.00 Acres
      706 Crockett St, Greenwood, MS 38930
      View Details
    • Value Estimation by Request
      1.90 Acres

      900 Park Ave

      Land • 1.90 Acres
      900 Park Ave, Greenwood, MS 38930
      View Details
    • Value Estimation by Request
      10.23 Acres

      3701 Us-49S

      Land • 10.23 Acres
      3701 Us-49S, Greenwood, MS 38930
      View Details
    • Value Estimation by Request
      209.00 Acres

      1314 County Road 180

      Land • 209.00 Acres
      1314 County Road 180, Greenwood, MS 38930
      View Details
    • Value Estimation by Request
      178.00 Acres

      1314 County Road 180

      Land • 178.00 Acres
      1314 County Road 180, Greenwood, MS 38930
      View Details

    Similar Nearby for Sale

    • $805,000

      209 Acres of Prime Hunting

      Hunting land with CRP mix, food plots, and utilities.
      County Road 180, Greenwood, MS 38930
      View Details
    • $50,000
      12.00 Acres

      Land For Sale in Greenwood

      Vacant land available in Carroll County, Strawberry Hill.
      19 Strawberry Hl, Greenwood, MS 38930
      View Details
    • Contact for pricing
      0.34 Acres

      Corner Lot in Greenwood, MS

      Corner lot in mixed-use area near downtown Greenwood.
      lot 9 & E Church St, Greenwood, MS 38930
      View Details
    • Contact for pricing
      1.10 Acres

      Vacant Commercial Lot Greenwood, MS

      Vacant commercial lot in a C-1 Neighborhood Zoning District.
      1901 Carrollton Ave, Greenwood, MS 38930
      View Details
    • $600,000
      0.83 Acres

      Prime Corner Lot on Highway

      Corner lot on Highway 82W, ideal for commercial ventures.
      901 W Highway 82, Greenwood, MS 38930
      View Details
    • New
      Contact for pricing
      0.11 Acres

      Greenwood, MS Land Opportunity

      Three lots available for single or multi-family development.
      Elzy Ave, Greenwood, MS 38930
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Greenwood, MS

      Grocery-anchored shopping center with ample parking and signage.
      2606 Us-82, Greenwood, MS 38930
      View Details
    • $1,300 /Mo
      1,103 SF

      Greenwood, MS Retail/Office Space

      High-visibility commercial space in Greenwood, MS with flexible build-out options.
      100 E Claiborne Ave, Greenwood, MS 38930
      View Details
    • $2,273 /Mo
      1,564 SF

      Greenwood Medical Complex Office Space

      Renovated office space in high-visibility Greenwood Medical Complex.
      702 W Highway 82, Greenwood, MS 38930
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Browning Road Ext
    Greenwood, MS 38930
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!