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    427 Carl Albert Pkwy McAlester, OK 74501

    For Sale
    $118,900

    Prime McAlester retail space, fully equipped salon.

    Property size:
    1,854 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1,854 square foot retail property, located at 427 W Carl Albert Parkway Unit 427, McAlester, OK, presents a unique investment opportunity. Situated on a 0.4-acre lot, this established hair salon boasts eight hair cutting stations, four hair washing stations, six hair dryers, dedicated areas for massage, nail services, and waxing. The property also includes a convenient washer and dryer, a small kitchen, ample storage for supplies, a client waiting area with shelving, a retail checkout counter, a restroom, and extensive shelving throughout. The building features a handicap-accessible entrance with handrails and abundant parking in front, to the left, and at the rear of the building. The seller owns an adjacent lot providing additional parking. This turnkey business is ready for immediate operation, offering a fully functional space for a new owner. Alternatively, the structure could be removed to allow for the construction of a new business. The property is conveniently located on West Carl Albert Parkway (Highway 270), offering excellent visibility and accessibility in McAlester. This is a rare opportunity to acquire a well-established business or develop a new venture in a prime location. The asking price is $118,900.

    Property Features for 427 Carl Albert Pkwy

    General Information

    Property type
    Retail properties
    Square Feet
    1,854 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brits Salon Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    McAlester
    County
    Pittsburg
    State
    Oklahoma
    Longitude
    -95.77618
    Latitude
    34.93529

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    FAQs

    What type of property is this?
    Retail property - Prime McAlester retail space, fully equipped salon.
    Where is this retail property located?
    The property is located at 427 Carl Albert Pkwy McAlester, OK.
    What is the asking price?
    The asking price for this property is $118,900.
    (918) 423-1883
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    427 Carl Albert Pkwy 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
    427 Carl Albert Pkwy McAlester, OK 74501
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