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    15920 29Th St Choctaw, OK 73020

    For Sale
    $700,000

    Established Restaurant, Ample Parking, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional turnkey restaurant opportunity in Choctaw, Oklahoma, is priced at $700,000. Situated on a spacious 2.04-acre lot at 15920 SE 29th St, 73020, this property boasts significant visibility with 270 feet of road frontage. The building includes all fixtures, furniture, and equipment (FF&E), presenting a seamless transition for a new owner. The ample parking lot provides 50 paved spaces for customer convenience. This location presents a compelling redevelopment opportunity for an ambitious restaurateur looking to establish or expand their business in a thriving community. The property's size and prominent location offer significant potential for growth and increased revenue. The existing infrastructure and included FF&E minimize upfront investment, allowing for a quicker return on investment. This is a rare chance to acquire a well-positioned restaurant property in a desirable Oklahoma market. The property is conveniently located in Oklahoma County, offering easy access to major transportation routes and a strong local customer base. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 15920 29Th St

    General Information

    Property type
    Restaurants
    Lot Size
    88,862 SF

    HighLights

    • $700,000 asking price.
    • 2.04‑acre lot.
    • 50 paved parking spaces.
    • 270‑foot frontage.
    • FF&E included.
    • Redevelopment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Pharmacy Storage Facility Bar & Pub Convenience Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Choctaw
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.2480694
    Latitude
    35.4349204

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Ample Parking, High Visibility
    Where is this restaurant located?
    The property is located at 15920 29Th St Choctaw, OK.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price.; 2.04-acre lot.; 50 paved parking spaces.
    Request Owner's contact information
    15920 29Th St Choctaw, OK 73020
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    Choctaw, OK 73020
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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
    15920 29Th St Choctaw, OK 73020
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