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
...
(Read more)
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.
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

Last Updated: August - 10 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.