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    165 And Papermill Rd Grenada, MS 38901

    For Sale
    $910,000

    Commercial - Grenada, MS

    Lot size:
    165.00 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 165 And Papermill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    147 36 002.00 and 159 31 004.01
    Parking features
    Garage
    Lot size
    165.00 Acres

    Building Details

    Architectural style
    Other

    Coltmor Realty Co. (662) 229-7003

    Listing agent Chris Reed (662) 229-7003

    Listing date Oct 8, 2025

    MLS# 11500289 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    165-Acre Commercial Tract in Grenada

    This 165-acre commercial tract offers flexibility and high visibility at the intersection of Highway 51 and Papermill Road, near Interstate-55 in North Grenada. Zoned industrial, the mixed-use property includes row crop land, mixed hardwood timber, and a private lake, offering both immediate utility and long-term investment potential. The location is across from Grenada's new Sports Complex and near the Expanding Business and Technology Park and Milwaukee Tools Facility. It is suited for commercial development, including shopping centers, hotels, restaurants, strip malls, or gas stations. Approximately 20 acres along Hwy 51 and Papermill Road are suited for immediate development. This property is positioned in Grenada's fastest-growing corridor.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.831042
    Latitude
    33.817578

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    FAQs

    What type of property is this?
    Commercial land - 165-acre commercial tract with high visibility and development potential.
    Where is this commercial land located?
    The property is located at 165 And Papermill Rd Grenada, MS.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: - Prime commercial location at the intersection of Highway 51 and Papermill Road, just off Interstate-55.; - High visibility and positioned directly across from Grenada's new Sports Complex.; - 165-acre mixed-use property with industrial zoning.
    (662) 229-7003
    Request Owner's contact information
    165 And Papermill Rd 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
    165 And Papermill Rd Grenada, MS 38901
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