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    907 Martin Luther King Jr Ave Oxford, NC 27565-3652

    • Drive through restaurants
    • 2,325 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    $1,170,000
    Last Sale
    Oct 13, 2021
    $1,214,500
    Location Intelligence
    Property ID
    US53-3183907
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 907 Martin Luther King Jr Ave

    Year built
    2014
    Lot size
    0.83 lot acres
    Property size
    2,325 SF
    Zone code
    B2
    Property type
    Drive through restaurants
    APN
    192206373932
    APU
    192206373932

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,035,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,380,000
      6.5%
      $1,215,000
      7%
      $1,185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,330,000
      Geo Method
      $1,185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,175,000
      Retail
      $1,285,000
      Mixed-Use
      $1,380,000
      Hospitality
      $1,315,000
      Educational
      $1,440,000
      Residential Income
      $1,455,000
      Energy
      $1,400,000
      Income-Based Land
      $1,105,000
      Food Service
      $1,405,000

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Granville
    State
    North Carolina
    Longitude
    -78.5815
    Latitude
    36.2988
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,251
    $398,068
    $750,733
    $1,148,801
    -
    $398,068
    $750,733
    $1,148,801

    Comparable in this City

    • Value Estimation by Request
      2,606 SF

      620 Lewis St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,606 SF
      620 Lewis St, Oxford, NC 27565-3524
      View Details
    • Value Estimation by Request
      3,085 SF

      900 Martin Luther King Jr Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,085 SF
      900 Martin Luther King Jr Ave, Oxford, NC 27565-3651
      View Details
    • Value Estimation by Request
      3,934 SF

      1019 Lewis St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,934 SF
      1019 Lewis St, Oxford, NC 27565-6115
      View Details
    • Value Estimation by Request
      6,768 SF

      115 Granville Cors

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,768 SF
      115 Granville Cors, Oxford, NC 27565-4022
      View Details
    • Value Estimation
      $275,000
      1,230 SF

      128 Williamsboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,230 SF
      128 Williamsboro St, Oxford, NC 27565-3329
      View Details
    • Value Estimation by Request
      3,423 SF

      527 Industry Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,423 SF
      527 Industry Dr, Oxford, NC 27565
      View Details

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      11.45 acre corner lot ideal for retail development.
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    Similar Nearby for Lease

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      203,964 SF

      Oxford Industrial Warehouse Space

      Large warehouse space for lease in Oxford, NC.
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    • $5 SF/Yr
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      60,199 SF warehouse on 2.78 acres near I-85.
      606 Pine Tree Rd, Oxford, NC 27565
      View Details
    • $5 SF/Yr
      90,000 SF

      Modern Manufacturing Facility in Oxford

      90,000 SF manufacturing and warehouse space near I-85.
      327 Lewis St, Oxford, NC 27565
      View Details
    • $6 SF/Yr
      203,964 SF

      Oxford Industrial Space For Lease

      Industrial space available for lease in Oxford, North Carolina.
      100 Enterprise Ct, Oxford, NC 27565
      View Details
    • $17 SF/Yr
      3,585 SF

      Oxford Office Space For Rent

      Office space available in Oxford, North Carolina.
      107 E Mcclanahan St, Oxford, NC 27565
      View Details
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    907 Martin Luther King Jr Ave
    Oxford, NC 27565-3652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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