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    421 Bdwy St Okemah, OK 74859

    For Sale
    $120,000

    Busy Main Street, High Visibility

    Property size:
    5,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 5,880 square foot commercial office building is ideally situated on a 0.07-acre corner lot in the heart of Okemah, Oklahoma, directly across from the Okemah Post Office. Boasting high visibility on a busy main street, this property offers three separate office spaces, each with its own entrance, providing flexibility for multiple tenants or a single large operation. Two of the offices are currently generating rental income for the owner. The building also includes a spacious open area in the rear, perfect for storage or additional workspace. Recent improvements include a partial roof replacement (approximately two years ago) and a significant upgrade to the building's infrastructure, including new lighting, as showcased in the updated photographs. The property presents a fantastic opportunity for an owner-occupier or investor seeking a centrally located asset between Tulsa and Oklahoma City. With its strong existing tenancy and potential for future growth, this building is ready for your next business venture. The property's convenient location and substantial square footage make it an attractive investment in a thriving community. The three distinct office spaces offer versatility and the potential for increased rental income. The recent renovations enhance the building's appeal and functionality, ensuring a modern and efficient workspace. Don't miss this chance to acquire a well-maintained, income-producing commercial property in a prime Okemah location.

    Property Features for 421 Bdwy St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,880 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Okemah
    County
    Okfuskee
    State
    Oklahoma
    Longitude
    -96.3177
    Latitude
    35.4379

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    FAQs

    What type of property is this?
    Office Property / Space - Busy Main Street, High Visibility
    Where is this office property / space located?
    The property is located at 421 Bdwy St Okemah, OK.
    What is the asking price?
    The asking price for this property is $120,000.
    (918) 623-0200
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    421 Bdwy St Okemah, OK 74859
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    Okemah, OK 74859
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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
    421 Bdwy St Okemah, OK 74859
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