# 40 Acres HWY 51 N, Grenada, MS 38901

> **TL;DR:** commercial, $360,000. Est. $1,925/mo. Listed 116 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $360,000 |
| Lot Size | 1,742,400 sqft (40.00 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 116 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,820 |
| Estimated Insurance | $105 |
| **Total** | **$1,925** |

## Property Highlights

- 40.00 acre lot

## Description

### Agent 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.

## Location

- **Address:** 40 Acres HWY 51 N, Grenada, MS 38901
- **County:** Grenada
- **Coordinates:** 33.8317, -89.846924
- **Google Maps:** https://www.google.com/maps?q=33.8317,-89.846924

## Listing Agent

- **Name:** Chris Reed
- **Brokerage:** Coltmor Realty Co.
- **Broker Phone:** 662-229-7003

## Photos

![40 Acres HWY 51 N - Photo 1](http://lh.rdcpix.com/fb493c90959e3793b2a40f6c23c97ffel-f2590781923r.jpg)

![40 Acres HWY 51 N - Photo 2](http://lh.rdcpix.com/fb493c90959e3793b2a40f6c23c97ffel-f3500709159r.jpg)

![40 Acres HWY 51 N - Photo 3](http://lh.rdcpix.com/fb493c90959e3793b2a40f6c23c97ffel-f2642393326r.jpg)

---

**MLS#:** 11871124 | **Updated:** 2026-10-22
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/40-acres-hwy-51-n-grenada-ms-38901-c1d14c409bec4c28a031b072f7f0ffa5)

---

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