0 Hwy 278 & Buddy Pkwy Oxford, MS 38655
This exceptional 4.4-acre commercial land parcel presents a remarkable development opportunity in Oxford, Mississippi. Strategically located at the intersection of US Highway 278/Highway 6 and Buddy East Parkway, this property boasts unparalleled visibility and accessibility, benefiting from high traffic counts from six different directions, further enhanced by a nearby rotary intersection from University Avenue. The property's prime location places it minutes from the University of Mississippi, the vibrant downtown square, numerous shopping centers, diverse restaurants, and hotels, ensuring a strong foundation for any commercial venture. Zoned Traditional Neighborhood Business District (TNB), this 4.4-acre lot (APN: 137X-26-156.00) offers significant potential for a variety of commercial developments. The asking price is $326,700. Note that this is one of three adjacent tracts available, totaling 22.62 acres. The other tracts are 3.81 and 14.77 acres. This presents a unique chance to acquire a substantial land holding in a thriving Mississippi market. Don't miss this opportunity to capitalize on the high-quality development already present in the immediate area and the consistent high traffic volume.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.