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

    4241 Co Rd 106, Oxford, FL 34484

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial property with excellent potential in a thriving Oxford location.

    Type:Office
    Property size:
    946 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $369/SF
    Added:
    Apr 3, 2023
    Days on Market:
    1160
    Last Refresh:
    May 12 at 10:00 pm

    Property Features for 4241 Co Rd 106

    General Information

    Standard status
    Active
    Size
    946 SF
    Lot size
    0.21 Acres
    Property subtype
    Office

    Building Details

    Year Built
    1926

    We can help!

    Listing Contact
    Danny Smith

    Listing agent Danny Smith License #FL 646735

    Listing office Smith & Smith Realty

    Listing date Apr 3, 2023

    Source Crexi

    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 Smith & Smith Realty

    HighLights

    • Prime Oxford location with commercial zoning, ideal for retail, salon, office, or clinic.
    • Located in a growing commercial corridor near Oxford Oaks Professional Plaza and Springwood Suites.
    • Excellent accessibility to CR 466, Walmart, PetSmart, McDonald’s, Arby’s, and other retailers.
    • Convenient access to the newly opened Costco (one block east), Downtown Wildwood, and Lake Sumter Landing.
    • Easy access to major roadways including US Hwy 301 and the Florida Turnpike.
    • Includes a 1926 home with cypress siding and unique pecky cypress interior details, offering a foundation for a unique office or retail space (requires renovation).

    Overview

    This commercial property in Oxford, zoned for commercial use, presents an opportunity for revitalization. The 0.21-acre site, designated for future land use by Sumter County, is suitable for a light retail shop, hair salon, law or accounting office, or a veterinary clinic. The property features a 1926 home with cypress siding and pecky cypress interior details. The existing structure requires renovation to meet current codes but provides a foundation for a unique office, salon, or boutique space. Situated on CR 106, behind Action Gator Tire, Murphy Oil, and Advance Auto Parts, the location benefits from a growing commercial corridor. Nearby developments, such as Oxford Oaks Professional Plaza and Springwood Suites, are undergoing the approval process. The property is near CR 466, providing access to retailers such as Walmart, PetSmart, and McDonald’s. The newly opened Costco is one block to the east, while Downtown Wildwood and Lake Sumter Landing are within a 10-minute drive. Major roadways, including US Hwy 301 and the Florida Turnpike, are easily accessible. The property size is 946 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    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
    -82.03299
    Latitude
    28.92631

    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
    • $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
    • $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
    • $500,000
      1,380 SF

      Modern Office Building For Sale

      Office building featuring multiple offices, conference room, and reception area.
      12205 N US HIGHWAY 301, OXFORD, FL 34484
      View Details
    • $2,295,000
      2,338 SF

      Prime Pastureland Equestrian Farm

      Stunning 27.4-acre farm with equestrian facilities and charming home.
      12943 County Road 245e, Oxford, FL 34484
      View Details
    • $1,999,000
      918 SF

      Retail Office Investment Opportunity

      Fully leased retail office property in high-growth Central Florida corridor.
      11535 N US 301, OXFORD, FL 34484
      View Details
    • $350,000
      946 SF

      Unique Commercial Property in Oxford

      Commercial property in a prime Oxford location with excellent potential.
      4241 COUNTY ROAD 106, OXFORD, FL 34484
      View Details
    • $3,500,000
      14,400 SF

      Highway Commercial Investment Opportunity

      Investment property near The Villages with space available for lease.
      4137 COUNTY ROAD 106, OXFORD, FL 34484
      View Details
    • $3,230,000

      60-Acre Equestrian Property in Oxford

      60-acre equestrian property in Oxford, ideal for enthusiasts and investors.
      13994 COUNTY ROAD 209, OXFORD, FL 34484
      View Details
    • $3,000,000
      2,280 SF

      Oxford, FL 40-Acre Paradise

      40-acre rural retreat with home, barns, stalls, and pastures.
      10312 COUNTY ROAD 209, OXFORD, FL 34484
      View Details

    FAQs

    What type of property is this?
    Office units - Commercial property with excellent potential in a thriving Oxford location.
    Where is this office units located?
    The property is located at 4241 Co Rd 106 Oxford, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime Oxford location with commercial zoning, ideal for retail, salon, office, or clinic.; Located in a growing commercial corridor near Oxford Oaks Professional Plaza and Springwood Suites.; Excellent accessibility to CR 466, Walmart, PetSmart, McDonald’s, Arby’s, and other retailers.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Danny Smith
    Real Estate License ID: FL 646735
    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
    4241 Co Rd 106, 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!