salem nc 7 Spg, Oxford, NC 27565
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.