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    55 At Cp Mccain Rd Grenada, MS 38901

    Sponsored
    For Sale
    $1,600,000

    Prime I-55 Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 110-acre development site boasts unparalleled visibility and access, situated at the northeast quadrant of Interstate 55 at Camp McCain Road (Exit 199) in Grenada County, Mississippi. The property offers nearly 1,200 feet of frontage on I-55 and almost 3,000 feet on Nat Troutt Road, ensuring maximum exposure. The absence of trees in the interchange provides exceptional visibility from both sides of the interstate. Grenada County is unzoned, offering flexibility for a wide range of development possibilities. The City of Grenada has expressed willingness to extend sewer services to the property for suitable projects. This location benefits from significant recent industrial growth in the immediate area, including substantial job creation by companies such as Milwaukee Tools, Lennox, Modine, Hankins Timber, MS Freight, OCE Industries, Nutrien AG, Ajinmoto Foods, and Biewer Sawmill. A proposed pellet plant is also nearby. The property's proximity to Camp McCain (a 13,000-acre military training facility hosting 75,000 troops annually) and Grenada Lake (attracting over 860,000 visitors yearly) further enhances its appeal. Most of the land is cleared and ready for development. The property's APN is 044 18 002.02 and 044 17 006.09. The asking price is $1,600,000, and the owner may consider dividing the property. This presents a unique opportunity for businesses seeking high visibility and convenient interstate access. The property is offered fee simple.

    Property Features for 55 At Cp Mccain Rd

    General Information

    Property type
    Land

    HighLights

    • $1,600,000 asking price for 110‑acre development site.
    • Unzoned land located at I‑55 and Camp McCain Road in Grenada, MS (APN: 044 18 002.02 and 044 17 006.09).
    • Excellent visibility with 1,200 ft of I‑55 frontage and 3,000 ft of road frontage.
    • Fee simple ownership; broker co‑op available.
    • City of Grenada may extend sewer service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.811771
    Latitude
    33.684624

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    FAQs

    What type of property is this?
    Land - Prime I-55 Commercial Land
    Where is this land located?
    The property is located at 55 At Cp Mccain Rd Grenada, MS.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price for 110-acre development site.; Unzoned land located at I-55 and Camp McCain Road in Grenada, MS (APN: 044 18 002.02 and 044 17 006.09).; Excellent visibility with 1,200 ft of I-55 frontage and 3,000 ft of road frontage.
    Request Owner's contact information
    55 At Cp Mccain Rd Grenada, MS 38901
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    Grenada, MS 38901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 At Cp Mccain Rd Grenada, MS 38901
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