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    1401 E Cherokee Ave McAlester, OK 74501

    For Sale
    $459,000

    Commercial, Low-rise - McAlester, OK

    Property size:
    55,062 SF
    Lot size:
    1.15 Acres
    Days on Market:
    193
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1401 E Cherokee Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Gym
    Parking features
    Garage
    Size
    55,062 SF
    Lot size
    1.15 Acres

    Building Details

    Year built
    1950
    Year renovated
    1950
    Floors in Building
    2
    Building materials
    Brick
    Architectural style
    Other

    KirkAngel Inc. (405) 208-7802

    Listing agent Robert Angelo (405) 208-7802

    Listing date May 27, 2025

    MLS# 11493017 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    City Block with Tax Incentives

    This property comprises an entire city block and offers tax incentives. It includes a structure (gym) listed on the Historic Register. The former school building, with a total living area of 55062 square feet, is suitable for conversion through renovation or new construction. The lot size is 1.15 acres. The property is located in McAlester, OK, with a zoning designation of 200.
    Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAlester
    County
    Pittsburg
    State
    Oklahoma
    Longitude
    -95.750432
    Latitude
    34.925317

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    FAQs

    What type of property is this?
    School - Entire city block in McAlester, OK, with redevelopment potential.
    Where is this school located?
    The property is located at 1401 E Cherokee Ave McAlester, OK.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Entire city block property.; - Tax incentives available.; - Historic registered gym on-site.
    (405) 208-7802
    Request Owner's contact information
    1401 E Cherokee Ave McAlester, OK 74501
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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
    1401 E Cherokee Ave McAlester, OK 74501
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