Prime Commercial Opportunity on
104 McCullars Lane Oxford, AL 36203
104 McCullars Lane, Oxford, AL, 36203
$599,900
For Sale
$599,900
High-visibility commercial property with road frontage on a busy highway.
Property Size2,613 SF
Price / SF$229.58
Days on Market130
Property Features for 104 McCullars Lane
General Information
- Standard status
- Active
- Size
- 2,613 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1945
Listing Agency
ERA King Real Estate
(256) 473-7414
Listed by
Hunter Cain
(256) 473-7414
Source
Exitrealty
Added: Mar 10 Checked: Jul 17 at 5:26 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA King Real Estate
Investment Insights
Based on property information with market context.
This commercial property is located on a busy highway and offers visibility and exposure. Formerly a car lot, the site is positioned to generate over 104,494 impressions per week from passing traffic. The property features approximately 103 feet of road frontage along highway 78, along with an additional 150 feet of frontage on McCullars Lane. The site offers road presence and an open layout. It is suitable for a variety of commercial uses, including automotive, retail, service-based operations, or redevelopment. The property size is 2613 square feet.
Key Highlights
- Prime location on high‑traffic Highway 78 with exceptional visibility.
- Generates over 104,494 impressions per week from passing traffic.
- Offers approximately 103 feet of road frontage on Highway 78.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.8k | $11.40 |
| − Vacancy | −$3.0k | −$1.14 |
| EGI | $26.8k | $10.26 |
| − OpEx | −$8.0k | −$3.08 |
| NOI | $18.8k | $7.18 |
2,613 SF · lease $11.40/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$268.1K
$234.6K – $312.8K
NOI $18,767 @ 7.0% cap · market cap 3.13%
Second Best
Industrial
$145.0K
$126.9K – $169.2K
NOI $10,152 @ 7.0% cap · market cap 1.69%
Theoretical Best
Healthcare Medical
$401.7K
$351.5K – $468.7K
NOI $28,120 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar For Sale Nearby
Similar Off Market Nearby
- Met Life Home and Auto Kim Curtis Agent — 1709 Hillyer Robinson Industrial Pkwy, Oxford, AL 36203
FAQs
What type of property is this?
Parking lot & garage - High-visibility commercial property with road frontage on a busy highway.
Where is this parking lot & garage located?
The property is located at 104 McCullars Lane Oxford, AL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Prime location on high‑traffic Highway 78 with exceptional visibility.; Generates over 104,494 impressions per week from passing traffic.; Offers approximately 103 feet of road frontage on Highway 78.
