About This Home

This 0-bedroom, 0-bathroom commercial at 40 Acres HWY 51 N in Grenada, MS is listed for $360,000. on a 40.00 acres lot.

Key Features

  • 40.00 acre lot
Listing Description

ATTN: INVESTORS!!! This 40+/- acre tract offers dual access from Hwy 51 North and Revell Road, making it a versatile option for both commercial and residential development. Located only 1.5 miles from I-55 at the Papermill Road exit and approximately 5 minutes from the new Milwaukee Tools facility, this property is positioned in one of Grenada's fastest-growing corridors.

With utilities available (water, power, sewer) and no city zoning or taxes, you have the freedom to build to suit your vision - whether that's a new business site, multi-lot residential development, or long-term investment.

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

40 Acres HWY 51 N

Grenada, MS 38901

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 40 Acres HWY 51 N is listed at $360,000. The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 40.00 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

MLS# 11871124· Source: My State MLS· 114 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.

40 Acres HWY 51 N, Grenada, MS 38901

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