Property profile

0 Somerset Dr Roxboro, NC 27573

OFF-MARKET
Land
3.2 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.2 ac (139,392 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Somerset Dr Roxboro, NC 27573
Roxboro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Somerset Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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