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Highway Frontage Commercial 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 Market266

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: Sep 4 Last Checked: Sep 22 at 6:06PM
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 18.1-acre commercial land tract consists of flat, open ground with Heavy Commercial (B-3) zoning. The property has approximately 500 feet of frontage along Highway 51 and more than 1,000 feet along Interstate 55, providing access from Highway 51 and direct interstate exposure. Public water is available.

The tract is positioned near the North Grenada exit and is just minutes from the new Industrial Park and Milwaukee Tool facility. Its location along both Highway 51 and Interstate 55 places the property within an established transportation corridor serving commercial and industrial activity.

Key Highlights

  • 18.1‑acre commercial land tract
  • More than 1,000 feet of Interstate 55 frontage
  • Approximately 500 feet of Highway 51 frontage

Property Analytics

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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

23
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Flat, open commercial tract with Heavy Commercial (B-3) zoning and access from Highway 51.
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 commercial land tract; More than 1,000 feet of Interstate 55 frontage; Approximately 500 feet of Highway 51 frontage
More about this property
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