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    1331 Sunset Dr Grenada, MS 38901

    For Sale
    $1,300,000

    Commercial - Grenada, MS

    Property size:
    1,728 SF
    Lot size:
    2.15 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1331 Sunset Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    200
    Interior features
    3 Phase, Electric-circuit Breaker
    Exterior features
    Pole Sign
    Size
    1,728 SF
    Lot size
    2.15 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1979
    Building materials
    Brick
    Roof type
    Rolled/Hot Mop
    Architectural style
    Other

    Landhawk Realty (662) 609-8455

    Listing agent Molly Hawkins (662) 609-8455

    Listing date Oct 2, 2025

    MLS# 161797 Listing URL

    Copyright © 2025 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Commercial Corner Lot

    This commercial corner lot, situated on heavily trafficked Sunset Drive, spans over 2 acres and is located 1 mile east of I-55. Zoned B-3, Heavy Commercial, the property offers numerous business opportunities. The site features over 300 feet of frontage on Sunset Drive and nearly as much on Jefferson Trail, providing space for multiple businesses. A freestanding 1728 square foot building is currently leased to Yamato Steak House of Japan. The lot includes over an acre of concrete, three separate entrances, and a row of trees buffering the back of the property. This high-traffic corner property has been surveyed and is ready for development.
    Location Intelligence

    Current Use by Public Records

    Yamato Steak House ... Japanese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.826343
    Latitude
    33.777809

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    FAQs

    What type of property is this?
    Conventional restaurant - Commercial corner lot on Sunset Drive with existing restaurant tenant.
    Where is this conventional restaurant located?
    The property is located at 1331 Sunset Dr Grenada, MS.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime commercial corner lot on heavily trafficked Sunset Drive.; - B-3 Heavy Commercial zoning allows for endless business opportunities.; - Over 2 acres with over 300 feet of frontage on Sunset Drive.
    (662) 609-8455
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    1331 Sunset Dr Grenada, MS 38901
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    Grenada, MS 38901
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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
    1331 Sunset Dr Grenada, MS 38901
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