Commercial Land with Highway
Hwy 51 and Papermill Rd 3.5 Acres Grenada, MS 38901
Hwy 51 and Papermill Rd 3.5 Acres, Grenada, MS, 38901
$499,000
For Sale
$499,000
LAND - Grenada, MS
Lot Size3.50 Acres
Days on Market404
Property Features for Hwy 51 and Papermill Rd 3.5 Acres
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 3.50 Acres
Utilities
- Water source
- Public
Listing Agency
Coltmor Realty Co.
(662) 229-7003
330 Longwood Drive, Grenada, MS
Listed by
Chris Reed · License #20286
(662) 229-7003
Added: Jun 11, 2025 Checked: Jul 19 at 1:06 pm
MLS# 11513857
Listing URL
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 3.5-acre commercial land parcel is offered for sale with direct access along Hwy 51 and Papermill Road, supported by utilities available at the site. The property’s configuration is suited for prospective development with visibility from the Interstate corridor.
The site provides highway frontage to the west and is positioned for exposure from Interstate 55 traffic (19,404K+ VPD). The public remarks also note the property’s proximity to the North Grenada exit at Papermill Rd, supporting convenient approach from area routes.
For buyers and developers seeking a commercially oriented tract, the combination of interstate visibility, frontage along major roads, and the availability of water and sewer can help support a range of uses that require utility access and straightforward site planning. Interested parties should review development requirements and confirm the availability of any City of Grenada development incentives referenced in the public remarks as part of their due diligence.
The site provides highway frontage to the west and is positioned for exposure from Interstate 55 traffic (19,404K+ VPD). The public remarks also note the property’s proximity to the North Grenada exit at Papermill Rd, supporting convenient approach from area routes.
For buyers and developers seeking a commercially oriented tract, the combination of interstate visibility, frontage along major roads, and the availability of water and sewer can help support a range of uses that require utility access and straightforward site planning. Interested parties should review development requirements and confirm the availability of any City of Grenada development incentives referenced in the public remarks as part of their due diligence.
Key Highlights
- 3.5‑acre commercial land with highway frontage and direct access along Hwy 51 and Papermill Road
- Access near the North Grenada exit at Papermill Rd off Interstate 55
- Interstate 55 frontage with reported 19,404K+ VPD
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 3.5-acre commercial parcel with I-55 frontage and water/sewer available for development near Hwy 51.
Where is this commercial land located?
The property is located at Hwy 51 and Papermill Rd 3.5 Acres Grenada, MS.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3.5‑acre commercial land with highway frontage and direct access along Hwy 51 and Papermill Road; Access near the North Grenada exit at Papermill Rd off Interstate 55; Interstate 55 frontage with reported 19,404K+ VPD