720 Martin Luther King Jr Ave Oxford, NC 27565
This exceptional 0.63-acre commercial lot presents a remarkable investment opportunity in Oxford, NC. Strategically located at the highly visible intersection of I-85 Exit 204 and Martin Luther King Jr Avenue, this property boasts significant road frontage on both Martin Luther King Jr Avenue and Easy Street. Its B-2 Highway Business zoning allows for a diverse range of commercial uses, including office suites, restaurants, retail stores, and more. The property's prime location offers unparalleled visibility and accessibility, situated beside a shopping center and numerous fast-food chains. This ensures high traffic volume and exposure to a large customer base. The surrounding area is thriving, with nearby big-box retailers, national chains, hotels, and restaurants. Oxford's continued growth makes this a particularly attractive investment, offering significant potential for future appreciation. The expansive corner lot provides ample space for development, making it an ideal location for businesses seeking high visibility and convenient access. This is a rare opportunity to establish a presence in a rapidly developing area with strong commercial potential. Don't miss out on this exceptional chance to capitalize on Oxford's growth trajectory. The asking price is $325,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.