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    2115 Broadway St Altus, OK 73521

    Sponsored
    For Sale
    $115,000

    Prime Altus location, 4.88 acres, month-to-month lease.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4.88-acre commercial property, located at 2115 E Broadway Street in Altus, Oklahoma, presents a remarkable investment opportunity. The expansive rectangular lot, measuring approximately 185 feet by 1124 feet, is ideally situated within a thriving commercial district. Its strategic location offers excellent visibility and accessibility, surrounded by established businesses including car dealerships, recreational vehicle sales centers, a parts store, a lumber yard, and various restaurants. The property currently has a month-to-month lease in place, providing immediate income potential and flexibility for future development. The substantial size and prime location of this parcel offer a multitude of possibilities for various commercial ventures. Whether you envision expanding an existing business, developing a new commercial project, or capitalizing on the strong rental income, this property provides a solid foundation for success in the dynamic Altus market. The existing lease provides a stable income stream while you explore your options for long-term development. Don't miss this chance to acquire a significant commercial land holding in a high-growth area. The asking price is $115,000.

    Property Features for 2115 Broadway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    212,573 SF

    Building Details

    Year Built
    1901
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.30601
    Latitude
    34.63937

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Altus location, 4.88 acres, month-to-month lease.
    Where is this commercial real estate located?
    The property is located at 2115 Broadway St Altus, OK.
    What is the asking price?
    The asking price for this property is $115,000.
    (580) 482-0621
    Request Owner's contact information
    2115 Broadway St 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

    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
    2115 Broadway St Altus, OK 73521
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