Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    605 Cr 442 Oxford, MS 38655

    View on Map
    For Sale
    $79,000

    LAND - Oxford, MS

    Lot size:
    10.38 Acres
    Added:
    Sep 6, 2024
    Days on Market:
    577
    Last Refresh:
    Apr 5 at 3:06 am

    Property Features for 605 Cr 442

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    216-23-019.01
    Lot size
    10.38 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    Tract 5, 10.38 acres located in Section 23, Township 10S Range 1W, Lafayette County, MS
    Tax Annual Amount
    100

    We can help!

    Listing Contact
    Jason Burch

    Listing agent Jason Burch License #B-21190

    Listing office Burch Realty Group 6879 Crumpler Blvd. Suite 101, Olive Branch, MS

    Listing date Sep 6, 2024

    MLS# 4091019

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oxford, MS 10.38 Acre Land

    This 10.38-acre tract is located on CR 442 in Lafayette County, east of Oxford, MS. The majority of the land is wooded with rolling terrain. A driveway and culvert are already in place. The home site has been cleared and is ready for construction or placement of a mobile home. The property is approved for double wide mobile homes only; single wides are not permitted. It is located within the Lafayette High School district. Owner financing is available with $9,000 down and the balance financed for 240 months at 11.9% APR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Oxford
    County
    Lafayette
    State
    Mississippi
    Longitude
    -89.353149
    Latitude
    34.194528

    Nearby Similar for Sale

    • $2,350,000
      6,390 SF

      Modern Leased Office Building Investment

      Fully leased office building in Oxford, MS with strong income.
      404 Enterprise Dr., Oxford, MS 38655
      View Details
    • $3,500
      2,380 SF

      Open-Floor Plan Office Space

      Versatile office space with modern amenities in Oxford, MS.
      1210 Office Park Drive, Oxford, MS 38655
      View Details
    • $7,400
      3,700 SF

      Flex-Use Commercial Space in Oxford

      Two-story commercial space with modern design and functionality.
      2014 University Ave, Oxford, MS 38655
      View Details
    • $2,000
      750 SF

      Retail Space on University Avenue

      750 SF retail suite in high-traffic Oxford location.
      1539 University Ave, Oxford, MS 38655
      View Details
    • $312,500

      Highway Access Commercial Lot

      1.25 acre commercial lot with highway access.
      Lot 7 Highway 6 E, Oxford, MS 38655
      View Details
    • $550,000

      Prime Commercial Lot in Oxford

      High-traffic commercial lot, ideal for retail development.
      301 Dede, Oxford, MS 38655
      View Details
    • $516,000

      Highway Frontage Commercial Lot

      1.72 acre commercial lot with highway frontage.
      Lot 2 Highway 6 E, Oxford, MS 38655
      View Details
    • $2,250
      1,200 SF

      Highway 328 Flex Warehouse Units

      Modern flex warehouse units for lease in Oxford, MS.
      HWY 328, Oxford, MS 38655
      View Details
    • $330,000

      Oxford Commercial Lot For Sale

      Large, flat commercial/residential lot in Oxford city limits.
      408-410 Galleria Drive, Oxford, MS 38655
      View Details
    • $2,500,000

      Versatile Land Parcel in Oxford

      5.16 acres with residential and commercial zoning near University.
      7 Howell Loop, 9 Howell Loop, 3219 Fielder Lane, Oxford, MS 38655
      View Details
    • $2,000,000

      Prime Commercial Lot Opportunity

      3.6-acre commercial lot in rapidly growing area of Oxford.
      Cr 207, Oxford, MS 38655
      View Details
    • $2,350,000
      19,325 SF

      Oxford Commercial Land Near Square

      5-acre commercial tract near Ole Miss and local amenities.
      3903 South Lamar, Oxford, MS 38655
      View Details

    FAQs

    What type of property is this?
    Land - 10.38 acre tract in Lafayette County, ready to build.
    Where is this land located?
    The property is located at 605 Cr 442 Oxford, MS.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Ready‑to‑build homesite already cleared with driveway and culvert in place.; 10.38 acre wooded tract with rolling terrain.; Owner financing available.
    (662) 274-4935
    We can help!
    Listing Contact
    Jason Burch
    Real Estate License ID: B-21190
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!