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55 Coles Drive, Pontotoc, MS 38863 (MLS# 4158696)

55 Coles Drive, Pontotoc, MS 38863

New Listing
$1,500,000
Property Type: Land Lot Size (sq. ft.): 412,513 Status: Active
Current Price: $1,500,000 List Date: 8/10/2026 Last Modified: 8/10/2026

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# 4158696

General Property Information

Approx Lot Size Acres
9.47
SqFt Source
Public Records
Expandable Area
No
List Price/Acre
158394.93
Divisible
No
Property Sub Type
Unimproved Commercial Lot for Sale

Property Features

Current Use: Vacant Possible Use: Commercial; Investment Location: Other Lot Features: Cleared; Corner Lot; Level Covenants And Restrictions: Unknown Sewer: Unknown Water Source: Community Listing Terms: Cash; Conventional Waterfront Features: None Utilities: Electricity Available Road Frontage Type: Highway; Interchange; State Road Price Includes: Land

Address and Location Information

Street Number Assigned?
Yes
Street Number
55
Street Name
Coles
Street Suffix
Drive
County
Pontotoc
State
MS
Zip Code
38863
Parcel Number
105-22-000-021.02
PPIN
017106
Community Of
N/A

Listing Information

Property Sub Type
Unimproved Commercial Lot for Sale
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
297
Tax Year
2025
Homestead Y/N
No
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
No
Association
No
Covenants Y/N
No
Legal Description
4.975 AC NE1/4 NW1/4 753-70 10/12/99 20015794 10/25/01 20016787 12/14/01 20020352 1/18/02 20053877 8/1/05 20244082 11/21/24 PROJECT 46-0070-05-018-10 662 419 7758

Waterfront Features

Waterfront
No
None
Yes

More Information

Showing Requirements

Showing
Appointment Required

Horse Amenities

Horse Amenities
No

Location

Other
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

Vacant
Yes

Possible Use

Commercial
Yes
Investment
Yes

Lot Features

Cleared
Yes
Corner Lot
Yes
Level
Yes

Covenants And Restrictions

Unknown
Yes

Sewer

Unknown
Yes

Water Source

Community
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Electricity Available
Yes

Road Frontage Type

Highway
Yes
Interchange
Yes
State Road
Yes

Price Includes

Land
Yes
Listing Office: Tom Smith Land & Homes
Listing Agent: Nathaniel D Wilds
Source MLS Verified
Last Updated: August - 10 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.