211 W Park Ave Greenwood, MS 38930
This exceptional 8,396 square foot retail property, located at 211 W Park Avenue in Greenwood, MS, presents a rare investment opportunity. Situated on a 0.44-acre lot in a highly sought-after commercial area, this building currently generates income as a leased daycare center. The property offers significant upside potential with additional leasable space, making it ideal for investors seeking a strong return. The building's prime location on Park Avenue ensures high visibility and accessibility for businesses. This property is perfectly positioned to capitalize on the thriving commercial activity in the area. Its current occupancy provides immediate cash flow, while the available additional space allows for expansion or the addition of complementary businesses. The asking price of $349,500 represents a compelling value for a property of this caliber in such a desirable location. This is an exceptional opportunity for both investors and business owners seeking a turnkey operation or a strategic expansion. The property's size and location make it suitable for a variety of commercial uses, offering flexibility and potential for long-term growth. Don't miss this chance to acquire a prime commercial property in a thriving Greenwood, MS market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.