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    51 Tract 2 Hwy Grenada, MS 38901

    Picture of Land at Tract 2 Hwy 51, Grenada, MS
    For Sale
    $950,000

    Vacant Land - Grenada, MS

    Lot size:
    77.20 Acres
    Days on Market:
    272
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 51 Tract 2 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    77.20 Acres

    Building Details

    Architectural style
    Other

    Landmark Realty (662) 226-4454

    Listing agent Janet Kinard (662) 226-4454

    Listing date Mar 10, 2025

    MLS# 11343532 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

    Highway 51 Land For Sale

    This is a rare opportunity to purchase land with frontage on Highway 51/Commerce Street. The property is 77.2 acres of vacant commercial land located in Grenada, Mississippi. The property is suitable for development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.789838
    Latitude
    33.729666

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    FAQs

    What type of property is this?
    Land - Prime road frontage on Highway 51 for development.
    Where is this land located?
    The property is located at 51 Tract 2 Hwy Grenada, MS.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Prime road frontage on Highway 51/Commerce Street.; - Development opportunity.; - Rare chance to purchase.
    (662) 226-4454
    Request Owner's contact information
    51 Tract 2 Hwy 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
    51 Tract 2 Hwy Grenada, MS 38901
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