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    801 Elm St Erick, OK 73645

    For Sale
    $82,500

    Prime Erick Location, High Potential

    Property size:
    2,034 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 801 S Elm Street in Erick, Oklahoma, presents a unique investment opportunity. Boasting 2,034 square feet of space, this building is situated on a convenient 0.1-acre lot at the edge of town, offering excellent visibility and accessibility. The property features a durable metal roof, providing long-term protection and low maintenance. Ample parking is available for customers and employees. While currently equipped with a single bathroom, the layout offers flexibility for various business needs. The building's versatile design allows for a wide range of potential uses, making it an ideal canvas for entrepreneurs with creative visions. The asking price is $82,500. Inventory is available for purchase at an additional cost

    Property Features for 801 Elm St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,034 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Erick
    County
    Beckham
    State
    Oklahoma
    Longitude
    -99.87193
    Latitude
    35.20761

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Erick Location, High Potential
    Where is this commercial real estate located?
    The property is located at 801 Elm St Erick, OK.
    What is the asking price?
    The asking price for this property is $82,500.
    (580) 225-4379
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    801 Elm St Erick, OK 73645
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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
    801 Elm St Erick, OK 73645
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