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    213 Main St Calera, OK 74730

    For Sale
    $3,538,600

    High-yield medical/retail building, 15,824 SF

    Property size:
    15,824 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 15,824-square-foot mixed-use property, located at 213 E Main St in Calera, Oklahoma, presents a compelling investment opportunity with a 6.00% cap rate and a net operating income (NOI) of $173,468. Originally designed as an urgent care facility, this versatile building offers 14 exam rooms, a lab, a trauma bay, a radiology suite with two lead X-ray rooms, and multiple offices, making it ideally suited for a variety of medical uses. A large reception area ensures efficient patient flow, while the upstairs space, currently configured as office space and an apartment, provides additional flexibility. This could be utilized as additional office suites, converted into apartments for rental income, or used to house on-site staff. A functioning pharmacy is also on-site, with the current owner open to continuing the lease, providing an immediate revenue stream. The property sits on a 1.76-acre lot, offering potential for future expansion or development. High-speed internet and phone systems are in place via fiber optic connectivity. The property's location within the Choctaw Nation trade area, minutes from the Choctaw Casino (attracting 6 million visitors annually), ensures high visibility and access to a large customer base. This presents a unique opportunity for a healthcare provider or other business seeking a high-traffic location with significant existing infrastructure. The asking price is $3,538,600.

    Property Features for 213 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,824 SF
    Lot Size
    76,666 SF

    HighLights

    • Large reception area for high patient/client traffic.
    • 14 exam rooms, ideal for healthcare use.
    • Lab and trauma bay.
    • Radiology suite with two lead X‑ray rooms.
    • Multiple offices for administration or additional services.
    • Upstairs space adaptable for office suites, apartments, or staff housing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gallipot Pharmacy Pharmacy Josiah Schomer Pharmacy UPS Authorized Shipping ... Shipping And Mailing Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Calera
    County
    Bryan
    State
    Oklahoma
    Longitude
    -96.4256573
    Latitude
    33.9331348

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    Nearby Similar for Sale

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    • $2,750,000
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      Calera Commercial Building For Sale

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      Calera, Oklahoma Doublewide Home

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    FAQs

    What type of property is this?
    Individual retail property - High-yield medical/retail building, 15,824 SF
    Where is this individual retail property located?
    The property is located at 213 Main St Calera, OK.
    What is the asking price?
    The asking price for this property is $3,538,600.
    What are key features of this property?
    This property features: Large reception area for high patient/client traffic.; 14 exam rooms, ideal for healthcare use.; Lab and trauma bay.
    Request Owner's contact information
    213 Main St Calera, OK 74730
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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
    213 Main St Calera, OK 74730
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