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MS-7 - +/-34.9 AC Grenada Corner Lot 34.5 Acres of Commercial Land Offered at $2,181,744 CAD in Grenada, MS 38901

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Investment Highlights

  • Heavy traffic intersection
  • easy access
  • Open land area

Executive Summary

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 2024, I-55 recorded an Annual Average Daily Traffic count of 19,000 (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. Many other industrial plants expected to come to the nearby Business & Technology Park, further boosting the potential customer base of this prime location.

Property Facts

Price $2,181,744 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Service Station
  • Truck Stop
Total Lot Size 34.50 AC

1 Lot Available

Lot

Price $2,181,744 CAD
Price Per AC $63,238.96 CAD
Lot Size 34.50 AC

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

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..

  • Listing ID: 29931336

  • Date on Market: 2023-10-31

  • Last Updated:

  • Address: MS-7, Grenada, MS 38901

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