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Property profile & analytics
OFF-MARKET
Commercial real estate

1703 Hamric Dr Oxford, AL 36203

0.66 ac lot
Property ID
US03-1845335
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.66 ac (28,750 SF)
UPID US03-1845335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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