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    1112 Wade Watts St McAlester, OK 74501

    For Sale
    $299,000

    6.34 Acres, 1040 sq ft, C-3 Zoning

    Property size:
    1,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 1112 E Wade Watts Street Unit 1112 in McAlester, Oklahoma, presents a unique investment opportunity. Boasting a generous 6.34-acre lot, this property offers significant potential for a variety of commercial ventures. The existing building comprises 1,040 square feet, providing a solid foundation for immediate use or redevelopment. Its strategic location at the intersection of East Wade Watts Street and South 12th Street ensures high visibility and accessibility, benefiting from substantial traffic flow. The property is zoned C-3, opening doors to a wide range of commercial uses, subject to city approvals. This versatile space is ideal for entrepreneurs seeking a prominent location with ample room for expansion or those looking to capitalize on the high traffic count in this thriving area. The expansive lot size allows for significant future development, making this an attractive proposition for long-term growth and investment. The possibilities are truly endless for this prime commercial real estate offering in McAlester. Serious inquiries are encouraged to explore the full potential of this exceptional property. The asking price is $299,000.

    Property Features for 1112 Wade Watts St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,040 SF
    Lot Size
    276,170 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAlester
    County
    Pittsburg
    State
    Oklahoma
    Longitude
    -95.75572
    Latitude
    34.92514

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    FAQs

    What type of property is this?
    Commercial real estate - 6.34 Acres, 1040 sq ft, C-3 Zoning
    Where is this commercial real estate located?
    The property is located at 1112 Wade Watts St McAlester, OK.
    What is the asking price?
    The asking price for this property is $299,000.
    (918) 423-8877
    Request Owner's contact information
    1112 Wade Watts St McAlester, OK 74501
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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
    1112 Wade Watts St McAlester, OK 74501
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