Property profile

salem nc 7 Spg Oxford, NC 27565

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 2,178,000 square foot land parcel presents a remarkable investment opportunity in Salem, North Carolina. Located on the outskirts of town, this expansive 50-acre property offers a unique blend of rural tranquility and convenient access to urban amenities. Currently zoned to allow for both commercial and residential development, the property is ideally suited for a variety of uses. The surrounding area is characterized by a mix of manufactured and site-built homes, creating a diverse and established community. This presents a significant advantage for developers seeking to create a thriving residential community or for those looking to establish a commercial venture in a peaceful setting. The property's size and versatility make it an attractive option for large-scale projects or individual development. The asking price is $368,599, and seller financing is available with no credit check required, simplifying the acquisition process. This is a rare chance to acquire a substantial land holding in a desirable location with flexible financing options. Don't miss this opportunity to secure your future in this thriving North Carolina community. The property is located at 0 Seven Springs, Salem, NC 27565.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

salem nc 7 Spg Oxford, NC 27565
Oxford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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