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Industrial Land Near Interstate
For Sale
$240,000

16.4 Acres Papermill Rd, Grenada, MS 38901

Land, Grenada, MS

Property SizeContact for details
Lot Size16.40 Acres
Days on Market137

Property Features for 16.4 Acres Papermill Rd

General Information

Property type Land
Property subtype Other
Standard status Active
Lot size 16.40 Acres

Utilities

Water source Public
Listing Agency: Coltmor Realty Co.
Listed By: Chris Reed · License #20286
Added: May 24 Changed: Sep 3 Last Checked: Oct 7 at 9:06AM
MLS# 11777295

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 16.4-acre industrial land tract is located off Papermill Rd in Grenada, Mississippi. The property is currently zoned industrial and has access to public water, providing a defined land-use framework for future development.

The tract sits just off Interstate 55, near an industrial park and directly across from a new sports complex. A new travel center is proposed for the adjacent corner. Tract 2, a separate adjacent 13.97-acre parcel, may be purchased independently or combined with Tract 3, creating a combined offering of over 30 Acres.

Key Highlights

  • 16.4‑acre industrial land tract
  • Currently zoned industrial
  • Located just off Interstate 55

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

19
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned acreage with public water near an industrial park, sports complex, and planned travel center.
Where is this industrial land located?
The property is located at 16.4 Acres Papermill Rd Grenada, MS.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 16.4‑acre industrial land tract; Currently zoned industrial; Located just off Interstate 55
More about this property
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