±194 Acres Development Land for Sale

Location: Outer Loop (US 158 By Pass) on north side of town, 1/2 mile north of Williamsboro Street (US 158 Business) and 0.1 mile east of Salem Road, Oxford, North Carolina

Best Use: Single family homes, commercial shopping center or a mixture of commercial and residential uses, town home or single family subdivision.

Acreage: ± 194 acres consisting of 144 acres suitable for single family subdivision, 30 acres suitable for commercial/mixed use and 20 acres suitable for single family homes or town homes.

Zoning: R-15 Single Family (144 acres); B-2 Highway Business (20.8) acres, R-A (9 acres) and R-A Residential Agricultural 40,000 SF lot size (19.97 acres). Town home use of the 19.97 acres would require rezoning.

Road Frontage: ± 5,100 feet on south side of Outer Loop US 158 and ±1,300 feet on north side of Outer Loop. Outer Loop is a two lane, paved, state maintained road.

Utilities: Electricity, telephone; public water and public sewer are available.

Pricing: $2,500,000 for 194 acres. Owner will consider subdividing the land as follows:

• 144 acres, single family land -$1,350,000 
• 30 acres, B-2 and R-A zoned land - $750,000
• 20 acres, R-A Residential Agricultural land -$400,000