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

    CR 428 Oxford, MS 38655

    View on Map
    Claim this Listing
    New
    For Sale
    $112,500

    Acres 10+,Acreage - Oxford, MS

    Lot size:
    13.89 Acres
    Added:
    Apr 11, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 15 at 12:06 am

    Property Features for CR 428

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Lafayette - A-2
    Standard status
    Active
    Lot size
    13.89 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    April White
    April White

    Listing agent April White

    Listing office Right-Way Realty 2008 Hwy 30E Ste 102, Oxford, MS

    Listing date Apr 11, 2026

    MLS# 167153 Listing URL

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

    Overview

    13.89 Acres with Creek Access

    This property features a 13.89-acre parcel of flat land with direct creek access. Located in Lafayette County, the land has been recently used for crop cultivation. The property is zoned Lafayette - A-2 and offers numerous possibilities, including building a home, shop, or farm, and raising farm animals.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Oxford
    County
    Lafayette
    State
    Mississippi
    Longitude
    -89.396
    Latitude
    34.3453

    Nearby Similar for Sale

    • $3,650,000
      8,012 SF

      Oxford Office Building Investment Opportunity

      Fully leased office building in Oxford Commons corridor.
      306 Enterprise Dr., Oxford, MS 38655
      View Details
    • $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

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Pristine 13.89-acre parcel with creek access in Lafayette County.
    Where is this agricultural land / farmland located?
    The property is located at CR 428 Oxford, MS.
    What is the asking price?
    The asking price for this property is $112,500.
    What are key features of this property?
    This property features: Large 13.89‑acre parcel of flat land; Direct creek access; Excellent location within Lafayette County
    (662) 801-6806
    We can help!
    Listing Contact
    April White
    April White
    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!