901 College St Oxford, NC 27565
- Gas stations
- 1,755 SF
- 0.34 lot acres
Current Use by Public Records
- Gas stations
Property Details for 901 College St
- Year built
- 1959
- Lot size
- 0.34 lot acres
- Property size
- 1,755 SF
- Zone code
- R15
- Property type
- Gas stations
- APN
- 191312962631
- APU
- 191312962631
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $210,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $155,000
- Retail
- $155,000
- Mixed-Use
- $195,000
- Hospitality
- $200,000
- Educational
- $180,000
- Residential Income
- $195,000
- Energy
- $155,000
- Income-Based Land
- $195,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Granville
- State
- North Carolina
- Longitude
- -78.5953
- Latitude
- 36.3227
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA