Marcus & Millichap is pleased to present a ±25.12-acre land parcel located adjacent to 29 Carterton Heights (the “Property”) in Oxford, Alabama. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±25.12-acre parcel behind Dollar General with visibility on US-78 with traffic counts of ±10,914 vehicles per day and frontage on 2 roads. The Property is strategically located 2-miles from the entrance to I-20 with traffic counts over 38,000 vehicles per day and direct access to Birmingham and downtown Oxford. The Property benefits from proximity to a strong commercial corridor with nearby retailers including Johnsons Giant Foods, Walgreens, Jack’s, and Subway. The Property benefits from favorable NSC, Neighborhood Shopping Center District zoning that allows for a wide variety of uses including retail, office, medical clinic, restaurant, mini-warehouse by conditional use, and many more. Oxford, Alabama, is a thriving city located along Interstate 20 between Birmingham, which is about 60 miles to the west, and Atlanta, approximately 90 miles to the east. The Property benefits from strong demographics with a population of 15,947 within the immediate 5-mile radius and ±64,812 individuals with an AHHI of ±$61,139 within an expanded 10-mile area.