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1331 Sunset Dr
Grenada, MS 38901
Land For Sale · 2.08 AC

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INVESTMENT HIGHLIGHTS

  • Corner lot with over 300 feet of dual street frontage
  • Over an acre of concrete paving with 3 access points
  • Zoned B-3 Heavy Commercial with flexible use potential
  • Just one mile from I-55 with 23,000 daily traffic count

EXECUTIVE SUMMARY

The site includes a freestanding 1,728-square-foot building currently leased to Yamato Steak House of Japan, generating $2,500 per month in triple-net income.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.08 AC
Year Built 1979
Zoning B-3 - General Business

1 LOT AVAILABLE

Lot

Price $1,789,814 CAD
Price Per AC $894,907.02 CAD
Lot Size 2.00 AC

The lot has over an acre of concrete with three separate entrances and a daily traffic count of 23,000. A row of trees spans the back of the property, providing a solid buffer from the adjoining neighbor.

DESCRIPTION

Located on the heavily trafficked Sunset Drive in Grenada, this large commercial corner lot is over two acres and is just one mile east of I-55. The property is zoned B-3, Heavy Commercial, allowing endless business opportunities. With over 300 feet of frontage on Sunset Drive and nearly as much on Jefferson Trail, there's plenty of room for multiple businesses. It's home to a freestanding 1728 square foot building that's currently leased to Yamato Steak House of Japan. The existing building is currently leased for $2,500 monthly with the tenant paying all expenses. The lease is for the building only and excludes the parking area. The lot has over an acre of concrete with three separate entrances and a daily traffic count of 23,000. A row of trees spans the back of the property, providing a solid buffer from the adjoining neighbor. An older brick building was previously on the property, but it's been completely removed, and the site is ready and waiting for new commercial construction. High traffic corner property & prime location!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
096W-13-311.00
Land Assessment
$18,600 CAD
Improvements Assessment
$33,793 CAD
Total Assessment
$52,394 CAD
  • Listing ID: 37963689

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 1331 Sunset Dr, Grenada, MS 38901

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