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Retail Investment Property with Cap Rate
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304 Heritage Drive, Oxford, MS 38655

Retail property offered for sale, with a reported 6.53% CAP and 15,431 SF.

Property Size15,431 SF
Days on Market144

Property Features for 304 Heritage Drive

General Information

Standard status Active
Size 15,431 SF
Property subtype Retail, Office

Additional Details

Cap Rate 6.53%
Listing Agency: OLR Commercial Real Estate Firm
Listed By: Clayton Faggert · License #MS B-22082
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 14 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OLR Commercial Real Estate Firm

Investment Insights

Based on property information with market context.

This retail property is being offered for sale and is presented with a reported 6.53% CAP. The offering includes 15,431 SF of retail space, providing a defined footprint for prospective buyers evaluating income-producing real estate.

The property is located at 304 Heritage Drive in Oxford, Mississippi (38655).

Key Highlights

  • Retail property listed with a reported 6.53% cap rate
  • Total building size: 15,431 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby
301k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Apparel 16% Home Improvements & Furnishings 12% Shops & Services 10%
The Home Depot Home Improvements & Furnishings
27,683 visits/mo 0.3 miles
Belk Apparel
26,449 visits/mo 0.3 miles
McDonald's Dining
24,910 visits/mo 0.3 miles
SONIC Drive In Dining
19,781 visits/mo 0.3 miles
Cook Out Dining
17,847 visits/mo 0.2 miles

Demographics for 38655, MS

44,153
Population
25,173
Households
1.8
Avg Household Size
32
Median Age
48%
College-Educated
92%
High-School Grad
362.1 sq mi
ZIP Area
122
Density / Sq Mi
$64,423
Median Household Income
$35,750
Median Earnings
$1,100
Median Rent
$275,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale, with a reported 6.53% CAP and 15,431 SF.
Where is this retail space located?
The property is located at 304 Heritage Drive Oxford, MS.
What are key features of this property?
This property features: Retail property listed with a reported 6.53% cap rate; Total building size: 15,431 SF
More about this property
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