21
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$1,600,000
Est. payment /mo
34.5 Acres Lot
Pending
MS-7 Grenada, MS 38901
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Key Details
Property Type Vacant Land
Sub Type Lot/Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 23-3683
Annual Tax Amount $170
Lot Size 34.500 Acres
Property Sub-Type Lot/Land
Property Description
Prime 34.5 Acre Corner Lot at the intersection of Highway MS-7 and I-55. Outstanding visibility from Interstate 55, this location is excellent for a range of commercial businesses, including but not limited to Gas Stations, Truck Stops, Convenience Stores, Car Wash, and Service Stations. Situated directly off the Northbound Side of Interstate I-55 (heading toward Memphis) at exit 211. In 2022, I-55 recorded an Annual Average Daily Traffic count of 18,000 (source: MDOT), and this number is expected to increase due to the property's close proximity to the new +/-563,000 SF production plant of Milwaukee Tool. This facility is expected to be operational by 2023 and set to bring 800+ jobs, further boosting the potential customer base of this prime location.
Location
State MS
County Grenada
Area Grenada County
Others
Ownership Mims
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Listed by J. Morris Realty, LLC
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