55 Coles Drive, Pontotoc, MS 38863

New Listing
$1,500,000
Property Type: Commercial Sale Square Footage: 412,513 Lot Size (sq. ft.): 412,513 Status: Active
Current Price: $1,500,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

This 9.47± acre commercial tract presents a rare opportunity to acquire development-ready land in one of North Mississippi's fastest-growing corridors. Positioned along Highway 9 and US-278 with approximately 16,000 vehicles passing daily, the property offers outstanding visibility, direct highway frontage, and exceptional exposure for a wide range of commercial ventures. Designed with developers and investors in mind, the site is cleared and pad ready for immediate construction with utilities already stubbed to the property, significantly reducing both development timelines and upfront infrastructure costs. Development-friendly restrictions provide the flexibility to accommodate a variety of commercial uses, while the tract's size and layout offer the potential for subdivision, creating multiple opportunities for phased development or investment returns. This property combines excellent accessibility, strong traffic counts, and long-term appreciation potential. Whether your plans inc ...

Listing Details MLS# 4157980

General Property Information

Approx Lot Size Acres
9.47
Approx H/C SqFt
412513
SqFt Source
Public Records
List Price/SqFt
3.64
Year Built Known
No
Accessibility Features
No
Property Sub Type
Unimproved Land
New Construction
No
Total Floors
0

Property Features

Current Use: Unimproved Possible Use: Commercial Lot Features: Cleared Location: Interchange; State Road; Unimproved; US Highway Utilities: Electricity Available; Water Available

Address and Location Information

Street Number
55
Street Name
Coles
Street Suffix
Drive
County
Pontotoc
State
MS
Zip Code
38863
Parcel Number
105 -22-000-020
Community Of
N/A

Listing Information

Property Sub Type
Unimproved Land
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
268.94
Tax Year
2025
Flood Insurance Required?
No
Leasehold Y/N
No
Legal Description
4.49 Ac Ne1/4 Db 344 556 Db 237 386; 239 208; 589 149 20235117 12/19/23 Corner Of Hwy 278 & 9 662 419 7758

Auction

Auction
No

More Information

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Location

Interchange
Yes
State Road
Yes
Unimproved
Yes
US Highway
Yes

Remarks & Miscellaneous

Public Remarks
This 9.47± acre commercial tract presents a rare opportunity to acquire development-ready land in one of North Mississippi's fastest-growing corridors. Positioned along Highway 9 and US-278 with approximately 16,000 vehicles passing daily, the property offers outstanding visibility, direct highway frontage, and exceptional exposure for a wide range of commercial ventures. Designed with developers and investors in mind, the site is cleared and pad ready for immediate construction with utilities already stubbed to the property, significantly reducing both development timelines and upfront infrastructure costs. Development-friendly restrictions provide the flexibility to accommodate a variety of commercial uses, while the tract's size and layout offer the potential for subdivision, creating multiple opportunities for phased development or investment returns. This property combines excellent accessibility, strong traffic counts, and long-term appreciation potential. Whether your plans include retail, office, hospitality, service-oriented businesses, or a mixed-use commercial project, this strategically positioned 9.47± acre tract is well suited to meet today's development demands while offering exceptional value for the future.

Current Use

Unimproved
Yes

Possible Use

Commercial
Yes

Lot Features

Cleared
Yes

Utilities

Electricity Available
Yes
Water Available
Yes
Listing Office: Tom Smith Land & Homes
Listing Agent: Nathaniel D Wilds
Source MLS Verified
Last Updated: August - 03 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.