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Heavy Commercial Development Land
For Sale
$420,000

11555 Hwy 51 N, Grenada, MS 38901

LAND - Grenada, MS

Property SizeContact for details
Lot Size18.10 Acres
Days on Market220

Property Features for 11555 Hwy 51 N

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Standard status Active
Lot size 18.10 Acres

Utilities

Water source Public
Listing Agency: Coltmor Realty Co.
Listed By: Chris Reed · License #20286
Added: Dec 30, 2025 Changed: Jul 2 Last Checked: Aug 7 at 7:06AM
MLS# 11623210

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.

Investment Insights

Based on property information with market context.

This offering is an 18.1-acre vacant commercial tract that is flat, open, and development-ready. The land configuration is suited for a range of commercial and industrial site plans, and it benefits from substantial frontage and direct access to major roads.

The property is positioned along Highway 51 and Interstate 55 just before the North Grenada exit. It features over 1,000 feet of Interstate 55 frontage and approximately 500 feet of frontage along Highway 51, providing visibility to daily traffic. The tract is located in Grenada County, MS, near the new Industrial Park and the Milwaukee Tool facility.

Zoned Heavy Commercial (B-3), the site can support a wide range of commercial and industrial uses based on local zoning requirements. For developers, builders, and operators evaluating sites for a new facility, the combination of flat terrain, roadway frontage, and B-3 zoning provides a practical foundation for planning and permitting. Access is facilitated by Highway 51, with the interstate exposure supporting customer and tenant awareness for appropriate retail, service, and industrial concepts.

Key Highlights

  • 18.1‑acre vacant commercial tract along Highway 51 and Interstate 55, just before the North Grenada exit
  • Over 1,000 ft of I‑55 frontage plus approx. 500 ft frontage along Highway 51
  • Zoned Heavy Commercial (B‑3) for a wide range of commercial and industrial uses

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Big Box & Wholesale Store Cafe & Coffee Shop Restaurant Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 38901, MS

18,282
Population
8,831
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
85%
High-School Grad
242.0 sq mi
ZIP Area
76
Density / Sq Mi
$46,956
Median Household Income
$31,330
Median Earnings
$811
Median Rent
$139,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 18.1-acre flat, open tract with Highway 51 and Interstate 55 visibility, zoned for Heavy Commercial uses.
Where is this commercial land located?
The property is located at 11555 Hwy 51 N Grenada, MS.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 18.1‑acre vacant commercial tract along Highway 51 and Interstate 55, just before the North Grenada exit; Over 1,000 ft of I‑55 frontage plus approx. 500 ft frontage along Highway 51; Zoned Heavy Commercial (B‑3) for a wide range of commercial and industrial uses
More about this property
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