
Chris Reed
Listed by Chris Reed
$499,000
Hwy 51 and Papermill Rd 3.5 Acres
Details
Property Type Land
Sub Type Commercial
Acreage 3.500
Land | 3.5 acres
Marketing 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..
Listing Contacts

Chris Reed
Listed by Chris Reed
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?





















