Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    901 College St Oxford, NC 27565

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Oxford location, 1,755 SF lot

    Property size:
    1,755 SF

    Property Features for 901 College St

    General Information

    Property type
    Land
    Square Feet
    1,755 SF
    Lot Size
    14,810 SF

    We can help!

    Listing Contact
    Ann Hancock
    Ann Hancock

    Listing Agency: Century 21 Hancock Properties, Inc. Listing Agent: Ann Hancock

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 0.34-acre commercial lot, located at 901 College St in Oxford, North Carolina (27565), presents a unique investment opportunity. Priced at $275,000, this property boasts a prime location in the Neighborhood Business District, benefiting from high traffic counts at the corner of College Street, Highway 15, and Roxboro Road/Highway 158 W. Previously a service station, the underground tanks have been professionally removed and approved by the North Carolina Department of Environmental Quality, subject to restrictions (see documents). The zoning allows for a variety of uses, including retail, offices, medical clinics, veterinary services, restaurants, indoor amusement facilities, studios, storage, and nurseries. Detailed zoning information is available in the provided documents. Conveniently located near restaurants, a Food Lion shopping center, a hospital, daycare, and a dental office, this property is ready for complete renovation to suit the buyer's needs. Engineer drawings for a hair salon/office are also included in the provided documents. Easy access from I-85 N, Exit 204.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Granville
    State
    North Carolina
    Longitude
    -78.5953082
    Latitude
    36.3227518

    Nearby Similar for Sale

    • $249,000
      Pending

      Oxford Commercial Building with Furnishings

      Commercial building or residence with furnishings, near downtown Oxford.
      212 Orange St, Oxford, NC 27565
      View Details
    • New
      $199,900
      1,296 SF

      Income-Producing Duplex in Oxford, NC

      Fully leased duplex near downtown Oxford with investment upside.
      230 Maple Dr, Oxford, NC 27565
      View Details
    • $4,000,000
      13,500 SF

      Medical Office Building For Sale

      Well-maintained medical office building in a thriving medical corridor.
      1209 SE Industry Dr, Oxford, NC 27565
      View Details
    • $375,000
      2,129 SF

      Oxford Mixed-Use Property

      2.59-Acre Highway Business Zoned Property
      812 Lewis St, Oxford, NC 27565
      View Details
    • $45,000
      0.25 Acres

      Prime Oxford Commercial Lot

      I-85 Access, Downtown Proximity
      719 Martin Luther King Jr Ave, Oxford, NC 27565
      View Details
    • $325,000
      0.63 Acres

      High-Traffic Oxford Commercial Land

      Prime B-2 Zoned Lot, High Visibility
      720 Martin Luther King Jr Ave, Oxford, NC 27565
      View Details
    • $689,000
      0.13 Acres

      Oxford Commercial Building - 5 Units

      Downtown Oxford, 5 renovated units, high parking.
      315 Spring St, Oxford, NC 27565
      View Details
    • $1,200,000
      1.00 Acre

      Downtown Oxford Trio of Buildings

      High-Visibility Corner Lot Investment
      128 Williamsboro St, Oxford, NC 27565
      View Details
    • $375,000
      11.11 Acres

      Oxford Industrial Land - 11 Acres

      Prime Industrial Site, Oxford, NC. City utilities nearby.
      120 Southgate Dr, Oxford, NC 27565
      View Details
    • $4,000,000
      13,500 SF

      Oxford Medical Office Building

      13,500 SF Medical Office, $4M
      1209 Industry Dr, Oxford, NC 27565
      View Details
    • $350,000
      1,512 SF

      not in compliance \""FEE\"" wise.There are no pumps on site. Listing agent to be present for showings.""""}"""

      Oxford Retail Property: Prime Location
      204 Industry Dr, Oxford, NC 27565
      View Details

    FAQs

    What type of property is this?
    Land - Prime Oxford location, 1,755 SF lot
    Where is this land located?
    The property is located at 901 College St Oxford, NC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 0.34-acre commercial lot in Oxford, NC (27565) priced at $275,000.; Prime location in the Neighborhood Business District at the corner of College St, Hwy 15, and Hwy 158 W, with high traffic counts.; Former service station; underground tanks removed and approved by NCDEQ (subject to restrictions).
    (919) 691-0834 Call to check price and availability
    Request Owner's contact information
    901 College St Oxford, NC 27565
    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.
    901 College St
    Oxford, NC 27565
    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
    901 College St Oxford, NC 27565
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ann Hancock
    Ann Hancock
    (919) 691-0834 (919) 693-2257 (919) 603-3798
    Learn more
    Google sign-in failed. Please try again or use another login method.