About This Home

This land at Hwy 51 and Papermill Rd 3.5 Acres in Grenada, MS is listed for $499,000 (3.50 acres).

Key Features

  • 3.50 acre lot
Listing Description

Prime Commercial Land in Grenada, MS - Highway Frontage! An exceptional opportunity for development! This expansive 3.5-acre commercial property is strategically located with prime visibility from Interstate 55 to the west and direct access along Hwy 51 and Papermill Road.

Perfect for companies looking to capitalize on high-traffic areas, this property offers a wealth of possibilities for growth and expansion. Don't miss your chance to secure a key piece of commercial real estate in a prime Grenada location! North Grenada Exit at Papermill Rd..

Strong Employment Growth- The city has experienced a marked increase in employment, with 900 new jobs not yet announced and other local companies relocating up to 1,800 employees to Grenada. Grenada has also benefited from industrial developments of $550+ million along with several million in federal grants and state tax credits for the local economy.

The Property benefits from the intersection of Interstate 55 (19,404K+ VPD) Development incentives may also be available from the City of Grenada. Water and Sewer Available at the Site..

Location

Hwy 51 and Papermill Rd 3.5 Acres

Grenada, MS 38901

Questions & Answers

This 0-bedroom, 0-bathroom land at Hwy 51 and Papermill Rd 3.5 Acres is listed at $499,000. The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 3.50 acre lot.

This property is listed by Chris Reed.

CR

Chris Reed

Agent at Coltmor Realty Co.

Listed by Coltmor Realty Co. · Broker phone: 662-229-7003 · View on Broker Site

MLS# 11513857· Source: My State MLS· 508 days on PropertySimple

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.

Hwy 51 and Papermill Rd 3.5 Acres, Grenada, MS 38901

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