Ms -7, Grenada, MS 38901

$1,600,000
List Price
$1,600,000
Status
ACTIVE
Days on Market
42
MLS#
4062884
Subtype
Land
Lot Size
1,520,244
Acres
34.90

Property Description

Prime ±34.9 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.

Additional Information

Taxes
$170

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Calculator source: Real Geeks

Listing courtesy of J Morris Realty LLC.