1703 Hamric Dr Oxford, AL 36203
This exceptional commercial property in Oxford, Alabama, presents a unique investment opportunity. Encompassing two parcels totaling 0.66 acres, the property boasts approximately 52 feet of frontage on the heavily trafficked Hamric Drive East. A 1232 square foot building, ideal for office or retail use, is situated on the lot. This versatile structure features a substantial covered drive-thru carport, a durable metal roof, and low-maintenance vinyl siding. The building is in good condition and could be utilized immediately or easily renovated to suit a variety of commercial needs. The property's commercial zoning makes it suitable for a wide range of businesses, including but not limited to plumbing or electrical contractors, used car dealerships, or other similar enterprises. Its high visibility and convenient location on a major thoroughfare offer significant potential for business growth and profitability. The ample space and existing building provide a solid foundation for immediate occupancy or future development. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area. The combination of high traffic, convenient location, and existing building makes this an attractive investment.
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.