Hwy 51 and Papermill Rd 3.5 Acres Grenada, MS 38901
- Added:
- Oct 30, 2025
- Days on Market:
- 155
- Last Refresh:
- Apr 2 at 12:06 am
Property Features for Hwy 51 and Papermill Rd 3.5 Acres
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 200
- Parking features
- Garage
- Standard status
- Active
- APN
- 147 36 002.02
- Lot size
- 3.50 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 0
Building Details
- Architectural style
- Other
Listing agent Chris Reed (662) 229-7003
Listing office Coltmor Realty Co. 330 Longwood Drive, Grenada, MS (662) 229-7003
Listing date Oct 30, 2025
MLS# 11598630
Listing URL
Copyright © 2026 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
Prime Commercial Land Opportunity
This 3.5-acre commercial property is located in Grenada, MS, offering visibility from Interstate 55 to the west and direct access along Hwy 51 and Papermill Road. The site is suitable for hotel, restaurant, mixed-use, or retail development. The property benefits from its location at the intersection of Interstate 55, which has a traffic volume of over 19,404 vehicles per day. Water and sewer services are available at the site. The city has experienced employment growth, with 900 new jobs and local companies relocating up to 1,800 employees to Grenada. Grenada has also benefited from industrial developments of over $550 million, along with federal grants and state tax credits for the local economy. Development incentives may be available from the City of Grenada.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Grenada
- County
- Grenada
- State
- Mississippi
- Longitude
- -89.832029
- Latitude
- 33.817435
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 3.5 acres of commercial land with highway frontage.
Where is this commercial land located?
The property is located at Hwy 51 and Papermill Rd 3.5 Acres Grenada, MS.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime commercial land with high visibility from Interstate 55 and direct access via Hwy 51 and Papermill Road.; Located in Grenada, MS, at the North Grenada Exit at Papermill Rd.; Suitable for Hotel, Restaurant, Mixed‑Use, or Retail development.
