Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 Green Ave Purcell, OK 73080

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $260,000

    Green Avenue, High-Visibility Location

    Property Features for 1 Green Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Renee Barnes

    Listing Agency: Cross C Realty Llc Listing Agent: Renee Barnes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 0.07-acre lot presents a unique investment opportunity in the thriving city of Purcell, Oklahoma. Strategically located on Green Avenue, just south of the Purcell Police Station, this property enjoys unparalleled visibility and accessibility. Currently designated as "Other," the seller is actively pursuing commercial zoning, making this an ideal site for a variety of businesses. The property's prime location ensures high traffic volume and excellent exposure to potential customers. Imagine the possibilities: a thriving retail space, a convenient professional office, or a unique commercial venture. The asking price of $260,000 reflects the significant potential of this location and the convenience of its proximity to essential city services. This is a rare chance to acquire a highly visible and strategically positioned lot in a growing community. The absence of existing structures allows for complete design flexibility, enabling the creation of a building perfectly tailored to your business needs. Don't miss this opportunity to establish your presence in a prime Purcell location. Contact us today to learn more about this exciting commercial land offering. The seller is actively working to secure commercial zoning, making this a truly compelling investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Purcell
    County
    McClain
    State
    Oklahoma
    Longitude
    -97.36614
    Latitude
    35.01248

    Nearby Similar for Sale

    • Contact for pricing
      8,894 SF

      Downtown Purcell Investment Opportunity

      Two-story, 8,894 SF building in high-visibility location.
      201 W Main St, Purcell, OK 73080
      View Details
    • $850,000
      25,769 SF

      Prime Purcell Warehouse - 9.5 Acres

      Large warehouse, ideal for expansion, central location.
      910 6Th Ave, Purcell, OK 73080
      View Details
    • $525,000
      6,598 SF

      Downtown Purcell Office Building

      Prime Main Street location, 6,598 sq ft, 4-bay garage.
      310 Main St, Purcell, OK 73080
      View Details
    • $230,000
      1,910 SF

      Historic Purcell Corner Lot Investment

      Prime Green Ave. location, high potential.
      330 Green Ave, Purcell, OK 73080
      View Details
    • $299,000
      8,894 SF

      Downtown Purcell Office Building

      High-visibility, three-unit office building.
      201 Main St, Purcell, OK 73080
      View Details
    • $1,200,000
      1,000.00 Acres

      High-Traffic Purcell Investment Opportunity

      10 Acres, Multiple Parcels, High Traffic
      19978 State Hwy 39 Hwy, Purcell, OK 73080
      View Details
    • $225,000
      3,168 SF

      Prime Purcell Commercial Property

      Spacious building, great location, $225,000
      1 Gros Ventre St, Purcell, OK 73080
      View Details
    • $319,999
      1,800 SF

      Prime Purcell Highway Pub

      Turnkey Biker Bar with Onsite Living
      15985 Hwy 39 Hwy, Purcell, OK 73031
      View Details
    • $3,500,000
      26,850 SF

      Heartland Plaza: Purcell Retail Center

      High-traffic retail center, 90% occupied.
      1927 Green Ave, Purcell, OK 73080
      View Details
    • $125,000
      0.07 Acres

      Commercial Lot - Purcell, OK

      Prime Commercial Lot, Zoned for Business
      2 Green Ave, Purcell, OK 73080
      View Details
    • $217,800
      1.06 Acres

      Purcell, OK 73080

      Investment properties • 1.06 Acres
      Purcell, OK 73080
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Green Avenue, High-Visibility Location
    Where is this commercial real estate located?
    The property is located at 1 Green Ave Purcell, OK.
    What is the asking price?
    The asking price for this property is $260,000.
    (405) 309-7477
    Request Owner's contact information
    1 Green Ave Purcell, OK 73080
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Green Ave
    Purcell, OK 73080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1 Green Ave Purcell, OK 73080
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Renee Barnes
    (405) 309-7477
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!