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OFF-MARKET
Land

165 Acres In Grenada Grenada, MS 38901

165 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 165-acre property in Grenada County, Mississippi, presents a unique investment opportunity. Strategically located at the southeast corner of Highway 51 and Papermill Road, this versatile tract boasts 87.32 acres of highly fertile, cultivable land historically used for cotton, soybeans, and corn production. The remaining 78.18 acres consist of lush timberland, featuring a picturesque pond and a small duck hole, creating a haven for wildlife, including deer. The property's significant road frontage on both Highway 51 and Papermill Road ensures easy access, making it ideal for agricultural operations or potential commercial development. Its proximity to the new Milwaukee Tool manufacturing facility further enhances its commercial viability. The property's APN is 147-36-002.00 and 159-31-004.01, with associated tax information of $805.34 and $155.90 respectively. Located approximately 3.9 miles north of Grenada (33.8164, -89.8301), this property offers a blend of agricultural, hunting, and commercial potential, making it a rare find in Grenada County. The asking price for this expansive and versatile land is $990,000. This is a chance to acquire a significant land holding with diverse uses in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 165 ac (7,187,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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