0 Somerset Dr, Roxboro, NC 27573
This exceptional 3.2-acre property in Roxboro, NC, presents a unique investment opportunity. The land is already subdivided into thirteen individual lots, each averaging approximately a quarter-acre. This prime commercial real estate is zoned R-6, allowing for the construction of single-family residences up to 6,000 square feet. Minimum lot standards include a 50-foot width, 10-foot front setback, and 15-foot rear setback. The property boasts convenient access to city water and sewer services, a significant advantage for future development. Located within the city limits of Roxboro, this location offers proximity to essential amenities, schools, and major highways, making it an attractive proposition for residential construction. The potential for significant returns is high, given the growing demand for housing in the area. This is an ideal opportunity for developers or investors seeking to capitalize on the thriving Roxboro real estate market. The address is 0 Somerset Drive, Roxboro, NC 27573. Asking price is $130,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.