Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Grenada, MS 38901

    Under Contract
    For Sale
    $1,600,000

    Commercial,Lots - MS

    Lot size:
    34.50 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    34.50 Acres

    Building Details

    Architectural style
    Other

    J Morris Realty, LLC (662) 316-7000

    Listing agent Jed Morris (662) 538-5700

    Listing date Oct 27, 2025

    MLS# 156893 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

    Prime Corner Lot on I-55

    This 34.5-acre corner lot is located at the intersection of Highway MS-7 and I-55, offering significant visibility from Interstate 55. The location is suitable for various commercial businesses, including gas stations, truck stops, convenience stores, car washes, and service stations. It is situated directly off the Northbound side of Interstate I-55 (heading toward Memphis) at exit 211. In 2024, I-55 recorded an Annual Average Daily Traffic count of 19,000 (source: MDOT), and this number is expected to increase due to the property's close proximity to the new 563,000 SF production plant of Mil.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.8042
    Latitude
    33.8096

    Nearby Similar for Sale

    • $1,300,000
      1,728 SF

      High-Traffic Commercial Corner Lot

      Commercial corner lot on Sunset Drive with existing restaurant tenant.
      1331 Sunset Dr, Grenada, MS 38901
      View Details
    • $599,000
      3,100 SF

      Grenada Farm/Farmhouse Estate For Sale

      Farm/Farmhouse estate featuring 3100 square feet on 10 acres.
      2370 Perry Rd, Grenada, MS 38901
      View Details
    • Contact for pricing
      4,362 SF

      Retail Space Near Walmart

      Retail property with high visibility and traffic, near Walmart.
      1660 Sunset Dr, Grenada, MS 38901
      View Details
    • $65,000
      1,648 SF

      Commercial Building on Sunset Drive

      Commercial building for sale in high-traffic area on Sunset Drive.
      22106 Highway 8 East Grenada MS, Grenada, MS 38901
      View Details
    • $378,000
      3,594 SF

      Prime Grenada Restaurant Space

      3,594 SF Restaurant, High Traffic Area
      2310 Sunset Dr, Grenada, MS 38901
      View Details

    FAQs

    What type of property is this?
    Commercial land - 34.5 acre commercial lot with high visibility on I-55.
    Where is this commercial land located?
    The property is located at Grenada, MS.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime 34.5 acre corner lot with outstanding visibility from Interstate 55.; - Excellent location for commercial businesses (Gas Stations, Truck Stops, Convenience Stores, Car Wash, Service Stations).; - Located directly off the Northbound Side of Interstate I-55 at exit 211.
    (662) 538-5700
    Request Owner's contact information
    Grenada, MS 38901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Grenada, MS 38901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Grenada, MS 38901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.