Property profile

1375 E Reed Rd Greenville, MS 38703

FOR SALE
Individual retail properties
Property ID
US50-0494975
842 SF 0.34 ac lot Built 1988
Individually Owned Free & Clear
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1375 E Reed Rd, Greenville, MS 38703 For Sale
Contact for pricing 842 SF
1375 E Reed Rd, Greenville, MS 38703
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Property summary

AI-generated overview

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 profile

Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1988
Total area 842 SF
Lot 0.34 ac (14,810 SF)
APN 495590000
UPID US50-0494975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop

Location

1375 E Reed Rd Greenville, MS 38703
Greenville metro Census 701 GREENVILLE, MS MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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