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Commercial Land with Highway Access

Hwy 51 and Papermill Rd 3.5 Acres Grenada, MS 38901

Claim this Listing
For Sale
$499,000

LAND - Grenada, MS

Lot size:
3.50 Acres
Added:
Jun 11, 2025
Days on Market:
395
Last Refresh:
Jul 10 at 9:06 pm

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 agent Chris Reed License #20286

Listing office Coltmor Realty Co. 330 Longwood Drive, Grenada, MS

Listing date Jun 11, 2025

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.

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

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
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