Commercial Land with Interstate
For Sale
$420,000
11555 Hwy 51 N, Grenada, MS 38901
COMMERCIAL - Grenada, MS
Property SizeContact for details
Lot Size18.10 Acres
Days on Market220
Property Features for 11555 Hwy 51 N
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
18.10 Acres
Utilities
Water source
Public
Listing Agency:
Coltmor Realty Co.
(662) 229-7003
Listed By:
Chris Reed · License #20286
(662) 229-7003
Added: Dec 30, 2025
Changed: Aug 4
Last Checked: Aug 7 at 7:06AM
MLS# 11623223
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 vacant commercial tract is flat, open, and development-ready, offering substantial roadway exposure for a new project. The property provides more than 1,000 feet of Interstate 55 frontage plus approximately 500 feet along Highway 51, supporting visibility from high-volume traffic routes.
The site is positioned along Highway 51 just before the North Grenada exit, with easy access from Highway 51. It is located just minutes from the Industrial Park and the Milwaukee Tool facility, which may support commercial and industrial tenant interest in the surrounding area.
Zoned Heavy Commercial (B-3), the land is suitable for a wide range of commercial and industrial uses consistent with the zoning designation. The combination of B-3 zoning and long interstate and highway frontage can be a strong fit for developers or operators seeking a site that can capitalize on roadside presence while maintaining straightforward site conditions.
The site is positioned along Highway 51 just before the North Grenada exit, with easy access from Highway 51. It is located just minutes from the Industrial Park and the Milwaukee Tool facility, which may support commercial and industrial tenant interest in the surrounding area.
Zoned Heavy Commercial (B-3), the land is suitable for a wide range of commercial and industrial uses consistent with the zoning designation. The combination of B-3 zoning and long interstate and highway frontage can be a strong fit for developers or operators seeking a site that can capitalize on roadside presence while maintaining straightforward site conditions.
Key Highlights
- 18.1‑acre vacant commercial tract along Highway 51 and I‑55 just before the North Grenada exit
- Over 1,000 ft of I‑55 frontage and approx. 500 ft of Highway 51 frontage for high traffic exposure
- Zoned Heavy Commercial (B‑3) for a range of commercial and industrial uses
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Heavy Commercial zoned tract with long Interstate 55 frontage and Highway 51 access for flexible development.
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 I‑55 just before the North Grenada exit; Over 1,000 ft of I‑55 frontage and approx. 500 ft of Highway 51 frontage for high traffic exposure; Zoned Heavy Commercial (B‑3) for a range of commercial and industrial uses
