900 Park Ave Greenwood, MS 38930
This exceptional 1.9-acre commercial land parcel is ideally situated in Greenwood, Mississippi's thriving Park Place Subdivision, at 900 W Park Ave, zip code 38930, within Leflore County. Zoned C-3 Highway Commercial, this property offers unparalleled visibility and accessibility along the heavily trafficked Park Avenue corridor, representing the highest retail traffic volume in Leflore County. Lots #3 and #4 are conveniently located at the end of the newly constructed Levee Lounge Lane, providing excellent exposure. The asking price is $700,000, translating to a land value of $8.46 per square foot. This fee simple ownership opportunity boasts a strategic location behind the soon-to-open McAlister's Deli and Zaxby's, ensuring high foot traffic and brand synergy. All utilities will be fully installed prior to closing, simplifying the development process. This prime location presents a remarkable chance to establish a successful business in a rapidly growing area. Don't miss this opportunity to secure a prominent position in Greenwood's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.