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    Property profile & analytics
    FOR SALE
    Commercial real estate

    315 W Spring St, Oxford, NC 27565

    4,191 SF 0.13 ac lot Built 1955
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-3207985
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 315 W Spring Street in Oxford, North Carolina, presents a fantastic investment opportunity. The completely renovated building boasts five individual rental units, each equipped with its own utility meters and a private restroom, providing maximum flexibility and efficiency for tenants. The property sits on a 0.13-acre lot and offers ample parking with over twelve designated spaces, supplemented by readily available street parking. Its prime location places it within convenient walking distance to downtown Oxford, ensuring high visibility and accessibility for businesses. The versatile nature of the building makes it suitable for a wide range of commercial ventures. The asking price is $689,000. This is a rare chance to acquire a turn-key commercial property in a thriving downtown area, offering immediate income potential and significant long-term growth prospects. The building's recent renovation ensures modern amenities and low maintenance costs, making it an attractive investment for both seasoned and new commercial property owners. The high number of parking spaces and the central location are key advantages in a competitive market. Don't miss this opportunity to own a piece of Oxford's vibrant commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1955
    Total area 4,191 SF
    Lot 0.13 ac (5,663 SF)
    Zoning code R6
    APN 192317011227
    UPID US53-3207985
    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
    Current use
    Occupant on record · Public records
    • C & C INNOVATIONS LLC Daycare Center Foster Care Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $320k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $703k
    Blend (final) Blend
    $510k
    Owner & transaction history
    Spring 24 LLC · 1 yrs held
    Spring 24 LLC
    since 2024
    2 recorded transactions
    2024
    2020
    $100,000
    Zoning & alternative use
    R6 · Oxford, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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