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    1703 Hamric Dr Oxford, AL 36203

    For Sale
    $139,900

    Prime .66-acre lot, 1232 sq ft building

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property in Oxford, Alabama, presents a unique investment opportunity. Encompassing two parcels totaling 0.66 acres, the property boasts approximately 52 feet of frontage on the heavily trafficked Hamric Drive East. A 1232 square foot building, ideal for office or retail use, is situated on the lot. This versatile structure features a substantial covered drive-thru carport, a durable metal roof, and low-maintenance vinyl siding. The building is in good condition and could be utilized immediately or easily renovated to suit a variety of commercial needs. The property's commercial zoning makes it suitable for a wide range of businesses, including but not limited to plumbing or electrical contractors, used car dealerships, or other similar enterprises. Its high visibility and convenient location on a major thoroughfare offer significant potential for business growth and profitability. The ample space and existing building provide a solid foundation for immediate occupancy or future development. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. The combination of high traffic, convenient location, and existing building makes this an attractive investment.

    Property Features for 1703 Hamric Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    28,750 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.8069
    Latitude
    33.61509

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .66-acre lot, 1232 sq ft building
    Where is this commercial real estate located?
    The property is located at 1703 Hamric Dr Oxford, AL.
    What is the asking price?
    The asking price for this property is $139,900.
    (256) 241-1500
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    1703 Hamric Dr Oxford, AL 36203
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    Realmo Value Estimation

    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.

    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.

    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
    1703 Hamric Dr Oxford, AL 36203
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