6.1 Acres Corner Site Grenada

1673 Cecil Shelton Drive
Grenada, MS 38901

Latitude: 33.788087291243535
Longitude: -89.83870457012443
Zoning Type: Commercial
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Property Description

EXECUTIVE SUMMARY 

Greater Grenada Partnership is pleased to offer for sale an outstanding highway land-development opportunity in Grenada, Mi ssi ssippi (the “Property”). The Property consists of a large 6.1-acre tract of land that benefits from direct visibility from Interstate 55 to the west. With the Property being zoned B-3 - Heavy Commercial, it lends itself to multiple potential uses, including a hotel and several commercial pad uses. The Property is located along Grenada’s primary retail corridor and across from Walmart and several other national-brand tenants. 

HIGHLIGHTS 

Large 6.1-Acre Parcel 

The Property features 6.1-acres of raw land adjacent to Interstate 55, lending itself to a variety of uses. For example, the Property is spacious enough to fit a hotel and still fit two additional pads on it. 

Located Within Major Retail Trade Area 

The Property is located within Grenada’s primary retail trade area which features Walmart, McAlister’s Deli, Taco Bell, Applebee’s, Zaxby’s, Wendy’s, USPS, Take 5, and many more. 

Located at High-Traffic Intersection 

The Property benefits from the intersection of Interstate 55 (19,404K+ VPD) and Sunset Drive (21,730K+ VPD). Access to the Property features a signalized intersection from Sunset Drive, offering ease of traffic flow. 

Strong Employment Growth 

The city has experienced a marked increases in employment, with 900 new jobs not yet announced and other local companies relocating up to 1,800 employees to Grenada. Grenada has also benefited from industrial developments of $550+ million along with several million in federal grants and state tax credits for the local economy. 

Property Information

Acreage: 6.10 acres
Divisible? Yes
Site Type: Commercial