6 Us-278 Batesville, MS 38655
- Land
- 3.81 lot acres
Current Use by Public Records
- Land
Property Details for 6 Us-278
- Lot size
- 3.81 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Batesville
- County
- Lafayette
- State
- Mississippi
- Longitude
- -89.7208
- Latitude
- 34.3501