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    2905 Jackson St Hugo, OK 74743

    For Sale
    $305,000

    Prime Hugo Location, High Visibility, 2880 sqft

    Property size:
    2,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 2,880 square foot commercial property, situated on a highly visible 3-acre lot in Hugo, Oklahoma, presents a remarkable investment opportunity. Located directly on East Jackson Street, a major four-lane thoroughfare, this property boasts unparalleled exposure and accessibility for any business. The substantial road frontage extends to the rear of the property as well, offering significant flexibility in development and layout. The current owner is willing to consider selling a portion of the 3-acre lot, providing options for various business needs and scales. The existing building, currently utilized as an auto body shop and car lot, is spacious enough to accommodate multiple businesses simultaneously. Its adaptable design makes it ideal for a range of commercial ventures, including mini-warehouses, convenience stores, drive-thrus, or any enterprise requiring high visibility and convenient access. The property benefits from its location in a rapidly growing area of Hugo, experiencing consistent demand and promising future growth potential. This is a rare opportunity to acquire a prime commercial property in a thriving location. The asking price is $305,000.

    Property Features for 2905 Jackson St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,880 SF
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1990
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hugo
    County
    Choctaw
    State
    Oklahoma
    Longitude
    -95.47997
    Latitude
    34.00002

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hugo Location, High Visibility, 2880 sqft
    Where is this commercial real estate located?
    The property is located at 2905 Jackson St Hugo, OK.
    What is the asking price?
    The asking price for this property is $305,000.
    (580) 494-3466
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    2905 Jackson St Hugo, OK 74743
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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
    2905 Jackson St Hugo, OK 74743
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