Abandoned and Little Known Airfields: Northwestern Mississippi. That is more information about the old Municipal Airport constructed by the Works Progress Administration (and its current use) than I have been able to find searching for weeks and weeks. According to Mr. Freeman, the hangar was remodeled in 2011 by adding new siding and raising the roof. The building in the left foreground would most likely be that original hangar, based on the pre-2011 photographs provided on the website.
Do you know how many times I have driven past this location (south of Oxford on Highway 7, just past the 9W cutoff toward Water Valley) in the years from 2003-2011? Me neither, but there I was driving past history with no idea what I was seeing.