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    The Largest CRE Database in the US with Over 1 Million Listings

    212 Orange St Oxford, NC 27565

    Sponsored
    For Sale
    Pending
    $249,000

    COMMERCIAL - Oxford, NC

    Property size:
    1,588 SF
    Lot size:
    0.49 Acres
    Days on Market:
    20
    Last Refresh:
    Feb 11 at 8:06 pm

    Property Features for 212 Orange St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Security features
    Security System
    Vegetation
    Cleared
    Zoning
    O&I
    Rooms
    Dining Room
    APN
    12974 / 11584
    Interior features
    Dining L, Entrance Foyer, Granite Counters, High Speed Internet, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Primary Downstairs, Shower Only, Smooth Ceilings, Storage, Walk-In Shower
    Exterior features
    Garden, Playground, Private Entrance, Rain Gutters, Storage
    Appliances
    Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
    Size
    1,588 SF
    Lot size
    0.49 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Electric, Heat Pump
    Water source
    Public

    Building Details

    Year built
    2020
    Floors in Building
    1
    Flooring type
    Vinyl, Carpet
    Building materials
    Metal Siding
    Roof type
    Metal
    Additional Structures
    Storage

    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 Jan 23, 2026

    MLS# 10091170

    Copyright © 2026 Doorify MLS of North Carolina. 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 Commercial Building with Furnishings

    The Hope House complex is available for purchase and can be utilized as a 4 or 5-bedroom residence, an office complex, or transitional housing. The property includes an additional 0.15-acre corner lot that can be purchased separately. The complex features a 1588 square foot metal building constructed in 2020 on a slab, situated on 0.33 acres. The building includes almost all furnishings and a shed. Inside, there is a 38x14 gathering place with LVP flooring, featuring a 23-foot living room area and a 16-foot dining area that opens to a modern kitchen. The kitchen is equipped with a refrigerator, dishwasher, microwave, stove, granite counters, and a walk-in pantry. The building also includes two large handicap bathrooms with showers, and an additional 12-foot office or exercise room. Four bedrooms open to the main gathering area. The property features a 40x7 covered front porch and a 12.4x9.6 back patio. It is equipped with an all-electric heat pump and water heater, replacement windows, and a metal roof. The building has front and back glass doors. The property is located near a church, community center, and senior center, and is within walking distance of downtown Oxford for shopping, dining, and entertainment. The total lot size is 0.49 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Granville
    State
    North Carolina
    Longitude
    -78.592123
    Latitude
    36.306985

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    FAQs

    What type of property is this?
    Specialty property - Commercial building or residence with furnishings, near downtown Oxford.
    Where is this specialty property located?
    The property is located at 212 Orange St Oxford, NC.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Reduced price! Now offered at $249,000, a significant $126,000 reduction.; - Versatile property: Use as a 4/5 bedroom residence, office complex, or transitional housing.; - Modern 1588 SF metal building built in 2020 with metal roof.
    (919) 691-0834
    Request Owner's contact information
    212 Orange St Oxford, NC 27565
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    Oxford, NC 27565
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    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
    212 Orange St Oxford, NC 27565
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    We can help!
    Listing Contact
    Ann Hancock
    Ann Hancock
    (919) 691-0834
    Learn more
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