0 184.4 Acres In Lafayette County Paris, MS 38949
This exceptional 184.4-acre commercial land tract in Lafayette County, Mississippi, presents a unique investment opportunity. Located just 12 miles south of Oxford, MS, and conveniently situated off MS-9W (paved) and CR 424 (gravel) roads, this property offers significant potential. Recently logged, the land provides a blank canvas for development, whether it's a weekend retreat, a collection of country homes, or another commercial venture. The property boasts a 2.7-acre pond, ideal locations for homesites and potential lake development, and 32.9 acres of mature hardwood timber. Utilities, including water and power, are readily accessible. The property's location offers a blend of rural tranquility and proximity to the amenities of Oxford, MS, making it an attractive proposition for various uses. The asking price for this expansive tract is $899,750. This is a rare chance to acquire a substantial land holding in a desirable location with excellent development potential. The property's size and features make it suitable for a wide range of commercial and residential projects. Don't miss this opportunity to secure this exceptional piece of Mississippi land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.