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    1120 Falcon Rd St Altus, OK 73521

    For Sale
    $600,000

    Prime Altus location, former convenience store & gas station.

    Property size:
    2,496 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity presents a 2,496 square foot building situated on a 0.44-acre lot in Altus, Oklahoma. The property boasts a highly desirable location at the intersection of two four-lane streets, ensuring excellent visibility and accessibility for any future business. Previously operating as a successful convenience store and gas station, this established commercial space benefits from a history of consistent customer traffic on busy Falcon Road. The substantial building offers ample space for a variety of commercial ventures, making it an ideal canvas for entrepreneurs seeking a well-positioned property with significant potential. The 0.44-acre lot provides ample parking and room for expansion or outdoor amenities. Given its prime location and history as a thriving business, this property represents a rare chance to acquire a turnkey commercial space in a high-traffic area of Altus. The asking price of $600,000 reflects the significant value and potential of this established commercial property. Serious inquiries are encouraged to explore this lucrative investment opportunity further.

    Property Features for 1120 Falcon Rd St

    General Information

    Property type
    Investment properties
    Square Feet
    2,496 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.31686
    Latitude
    34.6519

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    FAQs

    What type of property is this?
    Investment property - Prime Altus location, former convenience store & gas station.
    Where is this investment property located?
    The property is located at 1120 Falcon Rd St Altus, OK.
    What is the asking price?
    The asking price for this property is $600,000.
    (580) 482-1020
    Request Owner's contact information
    1120 Falcon Rd St Altus, OK 73521
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    Altus, OK 73521
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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

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    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
    1120 Falcon Rd St Altus, OK 73521
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