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    105 Ridgecrest Rd Altus, OK 73521

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    For Sale
    Contact for pricing

    Prime Altus location, high-traffic corner lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.87-acre commercial land parcel presents a unique investment opportunity in Altus, Oklahoma. Situated at the northeast corner of Main Street and Ridgecrest Road, this property benefits from its strategic location on the newly constructed Relief Route, also known as the "Economic Loop." This route is designed to alleviate traffic congestion on Main Street, significantly increasing visibility and accessibility for businesses located on this corner. The property's zoning is designated as Auto-Urban Commercial (AC), allowing for a wide range of commercial development options. The site's high traffic count is further enhanced by its proximity to a newly built Allsups Truck Stop directly across the street, ensuring consistent high visibility and potential customer traffic. Located in Jackson County, Oklahoma, with the address 105 E Ridgecrest Rd, Altus, OK 73521 (34.623537, -99.3330189), this property offers unparalleled potential for businesses seeking a prominent location in a growing area. The "Economic Loop" project is expected to positively impact the South Altus area, making this a particularly attractive investment for long-term growth and profitability. This is a rare opportunity to acquire a substantial commercial lot in a high-demand location with excellent visibility and access.

    Property Features for 105 Ridgecrest Rd

    General Information

    Property type
    Land
    Lot Size
    168,577 SF

    HighLights

    • 3.87‑acre commercial land parcel in Altus, Oklahoma.
    • Prime location at Main Street and Ridgecrest Road, on the new Relief Route ("Economic Loop").
    • Auto‑Urban Commercial (AC) zoning allows diverse development options.
    • High traffic count due to proximity to a new Allsups Truck Stop.
    • Address: 105 E Ridgecrest Rd, Altus, OK 73521.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cooter's Cash Loan Agency Cooter's Garage & Towing Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3330189
    Latitude
    34.623537

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    FAQs

    What type of property is this?
    Land - Prime Altus location, high-traffic corner lot.
    Where is this land located?
    The property is located at 105 Ridgecrest Rd Altus, OK.
    What are key features of this property?
    This property features: 3.87-acre commercial land parcel in Altus, Oklahoma.; Prime location at Main Street and Ridgecrest Road, on the new Relief Route ("Economic Loop").; Auto-Urban Commercial (AC) zoning allows diverse development options.
    (405) 657-0096
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    105 Ridgecrest Rd Altus, OK 73521
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    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
    105 Ridgecrest Rd Altus, OK 73521
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