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    Property profile & analytics

    2227 Commerce St Grenada, MS 38901-5109

    • Retail properties
    • 2,050 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1488412
    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

    • The Hair Shop / Hair Salon

    Property Details for 2227 Commerce St

    Year built
    1958
    Property size
    2,050 SF
    Property type
    Retail properties
    APN
    104N 19 194.00
    APU
    104N1919400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.8082
    Latitude
    33.7561
    CBSA code
    24980
    CBSA name
    GRENADA, 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
    0
    $0.00
    $3,000
    $10,041
    $13,041
    -
    $20,000
    $66,937
    $86,937

    Comparable in this City

    • Value Estimation by Request
      6,266 SF

      Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,266 SF
      Main St, Grenada, MS 38901
      View Details
    • Value Estimation by Request
      1,894 SF

      1344 Mound St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,894 SF
      1344 Mound St, Grenada, MS 38901-4512
      View Details
    • Value Estimation by Request
      1,648 SF

      700 Poplar St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,648 SF
      700 Poplar St, Grenada, MS 38901-3623
      View Details
    • Value Estimation by Request
      2,391 SF

      4751 Commerce St

      DEPARTMENT STORE • 2,391 SF
      4751 Commerce St, Grenada, MS 38901-5154
      View Details
    • Value Estimation by Request
      4,492 SF

      515 Scenic Loop 333

      DEPARTMENT STORE • 4,492 SF
      515 Scenic Loop 333, Grenada, MS 38901-8874
      View Details
    • Value Estimation by Request
      1,160 SF

      141 Sunset Loop

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,160 SF
      141 Sunset Loop, Grenada, MS 38901-4429
      View Details

    Similar Nearby for Sale

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      Prime Grenada Restaurant Space

      3,594 SF Restaurant, High Traffic Area
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    • Contact for pricing
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      Retail property with high visibility and traffic, near Walmart.
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      165-acre commercial tract with high visibility and development potential.
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    • New
      $65,000
      1,648 SF

      Commercial Building on Sunset Drive

      Commercial building for sale in high-traffic area on Sunset Drive.
      22106 Highway 8 East Grenada MS, Grenada, MS 38901
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    • $1,300,000
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      High-Traffic Commercial Corner Lot

      Commercial corner lot on Sunset Drive with existing restaurant tenant.
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    2227 Commerce St
    Grenada, MS 38901-5109
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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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