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    Property profile & analytics

    1247 Raceway Rd Greenville, MS 38703-8208

    • Retail space
    • 861 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0562954
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1247 Raceway Rd

    Year built
    1955
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    861 SF
    Property type
    Retail space
    APN
    483800000
    APU
    483800000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Washington
    State
    Mississippi
    Longitude
    -91.0067
    Latitude
    33.3866
    CBSA code
    24740
    CBSA name
    GREENVILLE, MS MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $713
    $0.00
    $0.00
    $3,306
    -
    $8,420
    $13,620
    $22,040

    Comparable in this City

    • Value Estimation by Request
      3,526 SF

      1010 Margaret Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,526 SF
      1010 Margaret Blvd, Greenville, MS 38703
      View Details
    • Value Estimation by Request
      1,587 SF

      2455 Paducah Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,587 SF
      2455 Paducah Dr, Greenville, MS 38703-3353
      View Details
    • Value Estimation by Request
      2,665 SF

      949 Patton Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,665 SF
      949 Patton Dr, Greenville, MS 38703-2426
      View Details
    • Value Estimation by Request
      1,550 SF

      Frnt St St

      RETAIL STORES (PERSONAL SERVICES) • 1,550 SF
      Frnt St St, Greenville, MS 38703
      View Details
    • Value Estimation by Request
      80,500 SF

      3001 Hwy 82nd E

      RETAIL STORES (PERSONAL SERVICES) • 80,500 SF
      3001 Hwy 82nd E, Greenville, MS 38703-8221
      View Details
    • Value Estimation by Request
      2,000 SF

      311 Griffin St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      311 Griffin St, Greenville, MS 38703
      View Details

    Similar Nearby for Sale

    • $110,000
      842 SF

      Greenville Storefront - $110,000

      Prime Retail Space, Vacant, High Traffic Area
      1375 Reed Rd, Greenville, MS 38703
      View Details
    • Contact for pricing
      6,718 SF

      Freestanding Retail Property For Sale

      Freestanding retail property in a high-visibility location.
      2818 Highway 82 E, Greenville, MS 38703
      View Details
    • New
      $54,900
      10.20 Acres

      Greenville Land with Development Potential

      10-acre lot suitable for creating a desired lifestyle.
      664 W County Line Rd, Greenville, MS 38703
      View Details
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    1247 Raceway Rd
    Greenville, MS 38703-8208
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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
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