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Property profile & analytics
OFF-MARKET
Commercial real estate

720 Martin Luther King Jr Ave Oxford, NC 27565

0.63 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.63 ac (27,443 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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