Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1665 Satterwhite Rd Oxford, NC 27565

    View on Map
    Sponsored
    For Sale
    $453,825

    LAND - Oxford, NC

    Lot size:
    61.21 Acres
    Days on Market:
    43
    Last Refresh:
    Mar 19 at 7:06 pm

    Property Features for 1665 Satterwhite Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Cleared, Brush
    Zoning
    R
    APN
    098600726493
    Lot size
    61.21 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed
    Water source
    Well Needed

    Building Details

    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Ann Hancock
    Ann Hancock

    Century 21 Hancock Properties, Inc. (919) 693-2257

    Listing agent Ann Hancock (919) 691-0834

    Listing date Feb 4, 2026

    MLS# 10144172 Listing URL

    Copyright © 2026 Doorify MLS. 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

    Granville County Land Opportunity

    This 60.5-acre property in Northern Granville, located at 1665 Satterwhite Rd, is available for $453,825. Approximately 9 miles from Oxford, the rectangular-shaped lot features an estimated 1,500-foot gravel driveway leading to two prewired 24x12 buildings with green metal roofs. Duke Progress Energy has already laid underground power lines far into the site, including a transformer on the left-hand side. The lot has 100 feet of road frontage, quickly expanding to 600 feet wide and extending approximately 4,800 feet to the back line. Paths are present on each side for four-wheelers. Previously cleared of trees about 5 years ago, volunteer trees have since sprouted. The property is zoned R and could be used as one large home site or subdivided into three large parcels for a family compound or homestead, with an easement through the existing gravel drive for access to Satterwhite Road. It could also be suitable as a mini-farm for cattle, horses, a new tree farm, or a vineyard. The location is approximately 20 minutes from Kerr Lake Grassy Creek Boat Landing, offering access to 800 miles of shoreline for fishing, boating, and recreation. A soil scientist report is available to provide insight into potential perk sites, though a new report and perk permits would be required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vineyards

    Map

    City
    Oxford
    County
    Granville
    State
    North Carolina
    Longitude
    -78.702648
    Latitude
    36.397928

    Nearby Similar for Sale

    • $199,900
      1,296 SF

      Income-Producing Duplex in Oxford, NC

      Fully leased duplex near downtown Oxford with investment upside.
      230 Maple Dr, Oxford, NC 27565
      View Details
    • $249,000
      Pending

      Oxford Commercial Building with Furnishings

      Commercial building suitable for residence, office, or transitional housing.
      212 Orange St, Oxford, NC 27565
      View Details
    • New
      $684,800
      3,428 SF

      Two Custom Homes Bundle

      Two income-producing homes in Oxford, NC, on a quiet cul-de-sac.
      204 Cardinal Ct, Oxford, NC 27565
      View Details
    • $4,000,000

      Medical Office Building For Sale

      Well-maintained medical office building in a thriving medical corridor.
      1209 SE Industry Dr, Oxford, NC 27565
      View Details
    • $4,000,000
      13,500 SF

      Oxford Medical Office Building

      13,500 SF Medical Office, $4M
      1209 Industry Dr, Oxford, NC 27565
      View Details
    • $375,000
      2,129 SF

      Oxford Mixed-Use Property

      2.59-Acre Highway Business Zoned Property
      812 Lewis St, Oxford, NC 27565
      View Details
    • $689,000
      0.13 Acres

      Oxford Commercial Building - 5 Units

      Downtown Oxford, 5 renovated units, high parking.
      315 Spring St, Oxford, NC 27565
      View Details
    • $375,000
      11.11 Acres

      Oxford Industrial Land - 11 Acres

      Prime Industrial Site, Oxford, NC. City utilities nearby.
      120 Southgate Dr, Oxford, NC 27565
      View Details
    • $350,000
      1,512 SF

      not in compliance \""FEE\"" wise.There are no pumps on site. Listing agent to be present for showings.""""}"""

      Oxford Retail Property: Prime Location
      204 Industry Dr, Oxford, NC 27565
      View Details
    • $325,000
      0.63 Acres

      High-Traffic Oxford Commercial Land

      Prime B-2 Zoned Lot, High Visibility
      720 Martin Luther King Jr Ave, Oxford, NC 27565
      View Details
    • $1,200,000
      1.00 Acre

      Downtown Oxford Trio of Buildings

      High-Visibility Corner Lot Investment
      128 Williamsboro St, Oxford, NC 27565
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 60.5 acre lot suitable for homestead or mini-farm.
    Where is this agricultural land / farmland located?
    The property is located at 1665 Satterwhite Rd Oxford, NC.
    What is the asking price?
    The asking price for this property is $453,825.
    What are key features of this property?
    This property features: - 60.5 Acres in Northern Granville, suitable for a large home site or subdivision into 3 parcels.; - Two pre-wired 24x12 buildings with green metal roofs included, suitable for temporary living.; - Underground Duke Progress Energy power already installed with transformer on site.
    (919) 691-0834
    Request Owner's contact information
    1665 Satterwhite Rd Oxford, NC 27565
    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.
    1665 Satterwhite Rd
    Oxford, NC 27565
    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
    1665 Satterwhite Rd Oxford, NC 27565
    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
    Ann Hancock
    Ann Hancock
    (919) 691-0834 (919) 693-2257 (919) 603-3798
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!