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    118 21St Ave Durant, OK 74701

    For Sale
    $850,000

    Established Business, High Visibility, Great Location

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This thriving retail business at 118 S 21st Street, Unit 118, Durant, OK, presents a unique investment opportunity. The 2,000 square foot building sits on a 0.4-acre lot in a prime west Durant location, offering exceptional visibility. Its strategic placement near a newly opened Starbucks and a large vacant lot poised for future development ensures significant exposure and potential for growth. The property benefits from a prominent corner sign easily visible from the main thoroughfare, directing traffic directly to the business. The included inventory adds immediate value to this turnkey operation. A licensed security company monitors the building, providing peace of mind. The proximity to hotels further enhances accessibility and customer convenience. This established business boasts a strong existing customer base, making it an attractive proposition for a buyer seeking a ready-to-go operation. Note that square footage and lot size are based on tax records and should be independently verified by the purchaser. The asking price is $850,000.

    Property Features for 118 21St Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,000 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Discount Liquor Liquor Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Durant
    County
    Bryan
    State
    Oklahoma
    Longitude
    -96.40098
    Latitude
    33.99599

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    FAQs

    What type of property is this?
    Retail property - Established Business, High Visibility, Great Location
    Where is this retail property located?
    The property is located at 118 21St Ave Durant, OK.
    What is the asking price?
    The asking price for this property is $850,000.
    (580) 898-9615
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    118 21St Ave Durant, OK 74701
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    Durant, OK 74701
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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
    118 21St Ave Durant, OK 74701
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