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Property profile & analytics
OFF-MARKET
Land

6 Us-278 Batesville, MS 38655

3.81 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.81 ac (165,964 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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