Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10 Blake Ave Oxford, AL 36203

    Sponsored
    For Sale
    Contact for pricing

    LOT - Oxford, AL

    Lot size:
    0.40 Acres
    Days on Market:
    395
    Last Refresh:
    Jan 23 at 2:06 am

    Property Features for 10 Blake Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2207250002059.013
    Lot size
    0.40 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Pam Wheeler

    Southern Properties Agency, Inc. (256) 845-6000 [email protected]

    Listing agent Pam Wheeler (256) 845-6000

    Listing date Dec 25, 2024

    MLS# 1145465 Listing URL

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Oxford, AL Building Lot

    This 0.4-acre building lot is located in an established neighborhood in Oxford, Alabama. It is suitable for residential construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Oxford
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.852898686
    Latitude
    33.605878012

    Nearby Similar for Sale

    • $189,900
      0.34 Acres

      Updated Triplex Near Downtown Oxford

      Updated triplex offers instant income near downtown Oxford, Alabama.
      702 Hamm St, Oxford, AL 36203
      View Details
    • Contact for pricing

      Refreshed Mixed-Use Property in Oxford

      Combined warehouse and office space on US Hwy 78 in Oxford.
      2115 Highway Dr, Oxford, AL 36203
      View Details
    • $1,900,000
      2.43 Acres

      Move-in Ready Industrial Facility

      Light industrial facility suitable for manufacturing and warehousing, near I-20.
      1207 Butler St, Oxford, AL 36203
      View Details
    • $799,900
      Pending

      Prime Commercial Property in Oxford

      High-visibility commercial property with showroom, warehouse, and office space.
      1321 E Hamric Dr, Oxford, AL 36203
      View Details
    • $129,000
      1,860 SF

      Updated Home in Oxford School

      Three-bedroom home with new HVAC, roof, windows, and flooring.
      551 Ina Ln, Oxford, AL 36203
      View Details
    • $249,900
      1,994 SF

      Updated Townhome in Golf Community

      Move-in ready, 2-bedroom townhome in Cider Ridge Golf Community.
      55 Puttenum Way, Oxford, AL 36203
      View Details
    • Contact for pricing

      Former Restaurant on Highway 21

      Freestanding restaurant with drive-thru on 0.96 acres for sale.
      1205 Highway Dr, Oxford, AL 36203
      View Details
    • $184,900
      0.25 Acres

      Oxford Office Building - Prime Location

      High-traffic corner lot, ideal for office or retail.
      900 Snow St, Oxford, AL 36203
      View Details
    • $1,650,000
      1.50 Acres

      Oxford Retail Center: High-Visibility Investment

      Prime Oxford location, high-traffic, immediate income.
      365 Davis Loop, Oxford, AL 36203
      View Details
    • $249,900
      0.69 Acres

      Oxford Commercial Land - High Traffic!

      Prime location, high visibility, near I-20.
      1413 Hamric Dr, Oxford, AL 36203
      View Details
    • $139,900
      0.66 Acres

      High-Traffic Oxford Commercial Lot

      Prime .66-acre lot, 1232 sq ft building
      1703 Hamric Dr, Oxford, AL 36203
      View Details
    • $1,300,000
      20,951 SF

      Oxford Retail Center: Value-Add Opportunity

      High-Visibility Retail Center, 20,951 SF
      230 Davis Loop, Oxford, AL 36203
      View Details

    FAQs

    What type of property is this?
    Land - Building lot in an established neighborhood in Oxford, Alabama.
    Where is this land located?
    The property is located at 10 Blake Ave Oxford, AL.
    What is the asking price?
    The asking price for this property is $13,000.
    What are key features of this property?
    This property features: - Building lot available, ready for your dream home.; - Established neighborhood, offering a sense of community.; - Specific location coordinates provided for easy identification.
    (256) 845-6000
    Request Owner's contact information
    10 Blake Ave Oxford, AL 36203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10 Blake Ave
    Oxford, AL 36203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Blake Ave Oxford, AL 36203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Pam Wheeler
    (256) 845-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.