461 Mississippi 6

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461 Mississippi 6

Oxford, MS 38655
Asking Price
$650K
Asset Type
Bank Land
Class
Class B

What's Special

Highway 6 Frontage Commercial Opportunity | SCO Zoned Redevelopment Site <h2>Investment Highlights</h2><ul><li>​Prime ±0.50 Acre commercial site in the high-growth Oxford market</li><li>​Direct frontage and visibility along Highway 6 West with strong daily traffic counts</li><li>​Zoned SCO (Suburban Corridor Overlay), allowing for a wide variety of commercial and redevelopment uses</li><li>​Excellent opportunity for retail, office, medical, service business, mixed-use, or owner-user development</li><li>​Strategic location with quick access to Highway 7, Jackson Avenu

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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