Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    165 Tommie Collins Oxford, MS 38655
    Back to Search
    Property profile & analytics

    165 Tommie Collins Oxford, MS 38655

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 165 Tommie Collins

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional one-acre commercial land parcel is strategically located on Cr 165 Tommie Collins in Oxford, Mississippi, zip code 38655. Offered at $555,000, this property presents a unique opportunity for developers and investors seeking a foothold in the thriving Lafayette County market. The land's size provides ample space for a variety of commercial ventures, allowing for flexibility in design and development. Its convenient location offers excellent accessibility and visibility, ensuring high potential for attracting customers and clients. The property's address is precisely pinpointed at latitude 34.2853188 and longitude -89.436391. This prime location in Oxford, Mississippi, provides easy access to local amenities, transportation routes, and a robust community. The property is classified as commercial land and is ready for immediate development, making it an attractive investment for those seeking a quick return on investment or a long-term growth opportunity. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area. Don't miss out on this chance to secure a piece of Oxford's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Lafayette
    State
    Mississippi
    Longitude
    -89.4364
    Latitude
    34.2853

    Comparable in this City

    • Value Estimation by Request
      5.24 Acres

      98 Ms-328

      Land • 5.24 Acres
      98 Ms-328, Oxford, MS 38655
      View Details
    • Value Estimation by Request
      0.30 Acres

      00 Slack Rd

      Land • 0.30 Acres
      00 Slack Rd, Oxford, MS 38655
      View Details
    • Value Estimation by Request
      120.20 Acres

      120.2 Acres In Lafayette County

      Agricultural land / Farmland • 120.20 Acres
      0 120.2 Acres In Lafayette County, Oxford, MS 38655
      View Details
    • Value Estimation by Request
      8.06 Acres

      31 Ms-328

      Land • 8.06 Acres
      31 Ms-328, Oxford, MS 38655
      View Details
    • Value Estimation by Request
      0.40 Acres

      00 Cr. 165

      Land • 0.40 Acres
      00 Cr. 165, Oxford, MS 38655
      View Details
    • Value Estimation by Request
      170.00 Acres

      Ms 6

      Land • 170.00 Acres
      0 Ms 6, Oxford, MS 38655
      View Details

    Similar Nearby for Sale

    • $67,500
      2.30 Acres

      2.3 Acre Wooded Land Tract

      Wooded land near Oxford, MS, with public water access.
      62 County Road 198, Oxford, MS 38655
      View Details
    • $67,500
      2.30 Acres

      Oxford Land with Utilities

      2.3 acre wooded tract near Oxford with public utilities.
      62 County Road 198, Oxford, MS 38655
      View Details
    • $89,000
      10.75 Acres

      Wooded Acres Bordering National Forest

      10.75 acres bordering Holly Springs National Forest near Oxford.
      County Road 277, Oxford, MS 38655
      View Details
    • $590,000
      9.90 Acres

      9.9 Acres Near Oxford

      Land with development potential near Highway 7 in Oxford, MS.
      Highway 328, Oxford, MS 38655
      View Details
    • $323,850
      42.70 Acres

      Prime 42.7-Acre MS Land Investment

      Recreational & Commercial Potential near Oxford
      Oxford, MS 38655
      View Details
    • $165,000
      11.00 Acres

      Lafayette County 11 Acre Tract

      11 acre tract in Lafayette County, ideal for building.
      County Road 367, Oxford, MS 38655
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Oxford Commons Land Lease Opportunity

      Premier land available for ground lease in Oxford Commons.
      Sisk Ave, Oxford, MS 38655
      View Details
    • Contact for pricing

      1600 Grand Oaks Blvd, Oxford, MS 38655

      Retail space
      1600 Grand Oaks Blvd, Oxford, MS 38655
      View Details
    • Contact for pricing

      Manufacturing Building For Sublease

      Manufacturing building for sublease in growing Oxford, MS MSA.
      36 County Road 166, Oxford, MS 38655
      View Details
    • Contact for pricing

      Oxford Commons Retail Outparcels

      Prime Oxford retail lots, build-to-suit options.
      0 Hwy 7 @ Sisk Ave, Oxford, MS 38655
      View Details
    • Contact for pricing

      Oxford Commons Mixed-Use Development

      New mixed-use development with retail spaces in Oxford Commons.
      Sisk Ave, Oxford, MS 38655
      View Details
    • Contact for pricing

      Oxford Retail Space For Rent

      4,700 SF retail space on Jackson Avenue, Oxford, MS.
      2550 Jackson Ave W, Oxford, MS 38655
      View Details
    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.
    165 Tommie Collins
    Oxford, MS 38655
    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

    Thank You for Inquiry
    165 Tommie Collins, Oxford, MS, 38655
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!