Zoned Industrial Land
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 Market94
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.
(662) 229-7003
Listed By:
Chris Reed · License #20286
(662) 229-7003
Added: May 24
Changed: Jul 2
Last Checked: Aug 25 at 12:06AM
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 offering is for Tract 3, a 16.4-acre parcel currently zoned industrial. The property is located off Papermill Rd and is being marketed as developable land, with survey photos referenced for exact location.
The tract sits near Interstate 55, close to the local industrial park. It is also described as directly across from a new sports complex, and adjacent to a corner where a proposed new travel center is being developed.
For buyers and tenants evaluating sites for new development, the industrial zoning and surrounding commercial activity may support a range of planned uses. The seller also notes that Tract 2, a separate 13.97-acre lot adjacent to this one, can be purchased independently or combined with Tract 3 for additional acreage, depending on the scope of the project. This makes the property worth considering for operators or developers looking for a larger land footprint or a single tract site, with access off Papermill Rd and proximity to major interstate connectivity.
The tract sits near Interstate 55, close to the local industrial park. It is also described as directly across from a new sports complex, and adjacent to a corner where a proposed new travel center is being developed.
For buyers and tenants evaluating sites for new development, the industrial zoning and surrounding commercial activity may support a range of planned uses. The seller also notes that Tract 2, a separate 13.97-acre lot adjacent to this one, can be purchased independently or combined with Tract 3 for additional acreage, depending on the scope of the project. This makes the property worth considering for operators or developers looking for a larger land footprint or a single tract site, with access off Papermill Rd and proximity to major interstate connectivity.
Key Highlights
- 16.4‑acre Tract 3 located off Papermill Rd in Grenada
- Currently zoned industrial
- Public water source available
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
19
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - 16.4-acre industrial-zoned tract near I-55 with convenient access and adjacent travel center development opportunity.
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 Tract 3 located off Papermill Rd in Grenada; Currently zoned industrial; Public water source available
