Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land For Sale in Oxford Title is generated by Realmo AI

    12604 COUNTY ROAD 103, Oxford, FL 34484

    View on Map
    Claim this Listing
    For Sale
    $4,900,000

    Land available on County Road 103, Oxford, Florida.

    Type:Land
    Added:
    Aug 15, 2022
    Days on Market:
    1388
    Last Refresh:
    Mar 16 at 8:59 am

    Property Features for 12604 COUNTY ROAD 103

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Cheryl Creel

    Listing agent Cheryl Creel License #633063

    Listing office TROPIC SHORES REALTY LLC

    Listing date Aug 15, 2022

    Source Evrealestate

    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 TROPIC SHORES REALTY LLC

    HighLights

    • Located in Oxford, Florida.
    • Property is in Sumter County.
    • Address is 12604 CR 103.
    • Located 0.8 miles North of CR 466 on CR 103.
    • Property is conveniently on the left side of the road.
    • Zip code is 34484.

    Overview

    The property is located at 12604 County Road 103, Oxford, Florida. To reach the property, travel North on County Road 103 for 0.8 miles from County Road 466; the property will be on the left side of the road. The parcel is located in Sumter County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Sumter
    State
    Florida
    Longitude
    -82.03288
    Latitude
    28.94085

    Nearby Similar for Sale

    • $749,000

      Turnkey 20-Acre Equestrian Property

      Fully equipped equestrian property in Oxford, Florida, ready for livestock.
      855 NE 107TH ROAD, OXFORD, FL 34484
      View Details
    • $105,000
      900 SF

      Oxford, FL Land For Sale

      0.7 acre lot ready for mobile home or new build.
      11259 NE 10TH TERRACE, OXFORD, FL 34484
      View Details
    • $550,000
      2,106 SF

      Commercial Land in Oxford, FL

      2.1 acre commercial land parcel in Wildwood, Florida.
      3887 E C-466 ROAD, OXFORD, FL 34484
      View Details
    • $2,950,000

      17 Acres Aquaculture Residential Land

      Vacant land with aquaculture and residential zoning near The Villages.
      3095 COUNTY ROAD 202, OXFORD, FL 34484
      View Details
    • $1,850,000

      Prime Corner Parcel on Highway

      2.04-acre corner parcel on US Highway 301 for sale.
      11532 N US HIGHWAY 301, Oxford, FL 34484
      View Details
    • $599,000
      1,580 SF

      Remodeled Commercial Building on Highway

      Remodeled 1580 SF commercial building in prime location.
      4003 COUNTY ROAD 106, OXFORD, FL 34484
      View Details
    • $249,000
      1,687 SF

      Luxury Garage Condominium Development

      Luxury garage condominiums for collectors, hobbyists, and storage needs.
      TBD C.R. 105 50, Oxford, FL 34484
      View Details
    • $749,000

      Equestrian Property with Roping Arena

      20-acre equestrian property with lighted arena in Oxford, Florida.
      855 NE 107TH ROAD, OXFORD, FL 34484
      View Details
    • $238,500

      4.60 Acre Wooded Lot

      4.60 acre wooded lot with no HOA.
      0 COUNTY ROAD 466, OXFORD, FL 34484
      View Details
    • $224,900
      1,281 SF

      Ground-Floor Condo in Lakeside Landings

      Move-in ready, 2 bed, 2 bath condo with resort-style amenities.
      5392 ADMIRAL Way, Oxford, FL 34484
      View Details
    • $1,100,000

      Prime Oxford Commercial Land Available

      Excellent visibility on US 301 near The Villages.
      11338 N US HIGHWAY 301, OXFORD, FL 34484
      View Details
    • $299,990

      9.7 Acres Near The Villages

      9.7-acre parcel zoned A-1 Agricultural near The Villages.
      S HWY 475, OXFORD, FL 34484
      View Details

    FAQs

    What type of property is this?
    Land - Land available on County Road 103, Oxford, Florida.
    Where is this land located?
    The property is located at 12604 COUNTY ROAD 103 Oxford, FL.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Located in Oxford, Florida.; Property is in Sumter County.; Address is 12604 CR 103.
    (352) 201-9939
    We can help!
    Listing Contact
    Cheryl Creel
    Real Estate License ID: 633063
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12604 COUNTY ROAD 103, OXFORD, FL 34484
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!