0 Shelby Dr Grenada, MS 38901
This exceptional 31-acre commercial land parcel presents a unique investment opportunity in Grenada, Mississippi. Located on Shelby Dr, this property, identified by APNs 097 36 005.00 (less approximately 4 acres and an existing home) and 097 36 005.14, offers significant potential for various commercial ventures. The asking price is $80,000, translating to approximately $2,580.65 per acre. The seller is willing to consider dividing the land, providing flexibility for buyers with diverse needs and project scales. Utilities are conveniently located nearby, with water and electric readily accessible. This location in Grenada County, Mississippi, zip code 38901, presents a strategic advantage for businesses seeking a prominent presence in the area. The property's size and accessibility make it suitable for a wide range of developments, from large-scale commercial projects to smaller-scale ventures. Its versatility makes it an attractive option for investors seeking a strong return on investment. The property's location in Grenada, MS, offers a blend of rural tranquility and convenient access to essential amenities and transportation routes. This makes it an attractive location for both residential and commercial development. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.