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Property profile & analytics
OFF-MARKET
Commercial real estate

2775 Sunset Dr Grenada, MS 38901

2.6 ac lot
Individually Owned 10-yr Hold
Property ID
US50-1882062
Property summary
AI-generated overview

This exceptional 2.6-acre commercial property is ideally situated on a corner lot at 2775 Sunset Drive in Grenada, Mississippi (APN: 092 10 058.01), offering unparalleled visibility and accessibility. The property boasts 250 feet of road frontage, providing multiple convenient entrances. Priced at $250,000, this versatile lot presents a significant opportunity. A substantial portion of the land is comprised of hard-packed gravel, while a rear section maintains grassy areas. An existing metal office building is included in the sale. The location benefits from high traffic counts due to its proximity to major roadways, including Interstate I-55. Furthermore, its strategic placement near established businesses such as Tractor Supply, United Rentals, Grenada Nissan, John Deere, and Atmos Energy ensures high visibility and potential for strong customer traffic. City water, sewer, cable, and natural gas services are readily available, enhancing the property's utility and appeal. This property's previous use as a used car lot demonstrates its suitability for a variety of commercial ventures. The combination of location, size, and existing infrastructure makes this a compelling investment opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 2.6 ac (113,256 SF)
APN 092 10 058.01
UPID US50-1882062
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
Current use
Occupant on record · Public records
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Edgar F Austin II · 10 yrs held
Edgar F Austin II
since 2016
2 recorded transactions
2021
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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