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    Ricky D Britt Sr Blvd Oxford, MS 38655

    Sponsored
    For Sale
    $2,950,000

    Prime Oxford, MS land; multi-family zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.95 million dollar land parcel presents a unique investment opportunity in Oxford, Mississippi. Located at the intersection of 0 Thacker Rd and Ricky D Britt Sr Blvd, this property boasts Oxford - SMF zoning, allowing for high-density multi-family development. This is the last remaining large tract in Oxford zoned exclusively for multi-family use following recent comprehensive plan updates, eliminating the need to incorporate other land uses. The zoning permits over 50 bedrooms per acre, making it ideal for apartment complexes or condominium projects. Its convenient location provides easy access to Highway 6 via Ricky D Britt Blvd and Thacker Rd, ensuring excellent accessibility for residents. Preliminary engineering work is already available, streamlining the development process. This is a truly unparalleled opportunity for developers seeking a prime location for a substantial multi-family project in a thriving Mississippi market. The property is owned by Oakmont Oxford, LLC and is situated in Lafayette County, with a zip code of 38655. The coordinates are 34.3600294 latitude and -89.5904645 longitude. This is a rare chance to acquire a large, fully permitted multi-family development site in a high-demand area.

    Property Features for 0 Ricky D Britt Sr Blvd

    General Information

    Property type
    Land

    HighLights

    • $2,950,000 asking price.
    • Residential land in Oxford, MS.
    • Oxford - SMF zoning permits multi‑family development.
    • Owned by Oakmont Oxford, LLC.
    • Located at 0 Ricky D Britt Sr Blvd, Oxford, MS 38655.
    • Last available large tract zoned for multi‑family development in Oxford, allowing over 50 bedrooms per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oxford
    County
    Lafayette
    State
    Mississippi
    Longitude
    -89.5904645
    Latitude
    34.3600294

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    FAQs

    What type of property is this?
    Land - Prime Oxford, MS land; multi-family zoning.
    Where is this land located?
    The property is located at Ricky D Britt Sr Blvd Oxford, MS.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: $2,950,000 asking price.; Residential land in Oxford, MS.; Oxford - SMF zoning permits multi-family development.
    (662) 234-3878
    Request Owner's contact information
    Ricky D Britt Sr Blvd Oxford, MS 38655
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    Oxford, MS 38655
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    Realmo Value Estimation

    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.

    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.

    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
    Ricky D Britt Sr Blvd Oxford, MS 38655
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