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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

822 Broadway St Poteau, OK 74953

2.48 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a prime multi-unit shopping center situated on bustling South Broadway Street in Poteau, Oklahoma. Boasting a remarkable 2.48-acre lot and a total of 16,982 square feet across seven individual units, this property offers significant income potential. The high-traffic location, with a daily count of 12,600 vehicles, ensures exceptional visibility and accessibility for tenants. Most units are currently operating under triple net leases, providing a consistent and reliable revenue stream with minimal management responsibilities for the owner. Recent updates have been completed by the current owner, enhancing the overall appeal and functionality of the property. Its strategic location offers convenient access to Highway 59, placing it within minutes of Carl Albert State College and the crucial Highway 59 and 271 junction, as well as the 59 Bypass. This prime location, coupled with the strong tenant base and recent improvements, makes this shopping center an attractive investment for those seeking a high-yield, low-maintenance commercial property in a thriving Oklahoma community. The property is priced at $750,000 and presents a compelling opportunity for portfolio expansion or a significant individual investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1960
Lot 2.48 ac (108,029 SF)
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
  • Dave's Meat Market & Deli Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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