305 W Market St Greenwood, MS 38930
Property profile & analytics
305 W Market St Greenwood, MS 38930
- Investment properties
- 24,255 SF
Property ID
US50-1166970
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.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 305 W Market St
- Year built
- 1920
- Property size
- 24,255 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 8510032500100
- APU
- 8510032500100
Description
This exceptional 24,255 square foot commercial building sits on a 0.35-acre lot in Greenwood, Mississippi's historic district, directly across from the courthouse. The well-preserved early 20th-century structure boasts classic architectural details, including a grand yet understated brick facade and large windows that flood the interior with natural light. Its prime downtown location offers unparalleled convenience, with proximity to restaurants, banks, and professional offices, contributing to the area's revitalization efforts. The building's versatility allows for a blend of commercial and residential uses. The ground floor is ideal for retail spaces such as boutiques, restaurants, or cafes, while the upper floors are perfect for conversion into luxury apartments, capitalizing on high ceilings and the potential for modern amenities. This unique opportunity presents a chance to combine historic charm with contemporary living. The property is eligible for historic tax credits, significantly reducing renovation costs while preserving its architectural integrity. To ensure continued vibrancy, the owner will lease back a portion of the building for their attorney offices, guaranteeing a thriving presence within Greenwood's historic fabric. This mixed-use development promises to be a cornerstone of the community's ongoing growth and development, offering a compelling investment opportunity in a desirable location. The asking price for this landmark property is $1,150,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,252,000
Market price range: $1.25M - $3.61M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Leflore
- State
- Mississippi
- Longitude
- -90.184
- Latitude
- 33.5199
- CBSA code
- 24900
- CBSA name
- GREENWOOD, 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
$7,824
$10,243
$34,356
$44,599
-
$68,288
$229,041
$297,329
