6 Us-278 Batesville, MS 38655
This exceptional 3.81-acre commercial land parcel presents a unique development opportunity in the thriving city of Oxford, Mississippi. Located at the highly visible intersection of US Highway 278/Highway 6 and Buddy Parkway/University Avenue, this property boasts excellent road frontage and access, ensuring maximum exposure to the significant traffic flow from six different directions. Situated just minutes from Oxford's city center, the University of Mississippi, numerous shopping centers, and a variety of restaurants, this site offers unparalleled convenience and accessibility. The property is currently undeveloped, aside from an abandoned structure, providing a blank canvas for a wide range of commercial ventures. The land is zoned Traditional Neighborhood Business District (TNB), offering flexibility for various development plans. Priced at $1,497,330 ($500,000/acre), this represents a compelling investment in a high-growth area. Note that two adjacent tracts totaling 18.81 acres are also available for purchase, presenting the potential for a larger-scale development project. The property's APN is 137X-26-156.00. This is a truly exceptional opportunity for developers seeking a prime location in a vibrant and rapidly growing community.
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.