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    2526 Douglas Blvd Spencer, OK 73084

    For Sale
    $625,000

    High-traffic location, excellent investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1.4-acre commercial land parcel, located at 2526 N Douglas Blvd in Spencer, Oklahoma (zip code 73084), is offered at $625,000. The property is situated in a high-traffic area anchored by a Walmart Supercenter. This prime location benefits from excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The surrounding area boasts a strong concentration of national retailers, including Walgreens, Subway, My Dentist, KFC, Taco Bell, Auto Zone, and McDonald's, ensuring high foot traffic and consumer density. The property's 1.4-acre size provides ample space for development, allowing for flexibility in design and construction. This presents a unique opportunity for investors seeking a strategic location with significant potential for growth and return on investment. The property is zoned for commercial use and is ready for immediate development. Detailed site plans and zoning information are available upon request. This exceptional location offers unparalleled access to a large consumer base and significant potential for future development. Don't miss this chance to acquire a highly desirable commercial property in a thriving retail corridor.

    Property Features for 2526 Douglas Blvd

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • Walmart‑anchored shopping center.
    • Strong national tenant mix including Walgreens, Subway, My Dentist, KFC, Taco Bell, AutoZone, and McDonald's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.370833510737
    Latitude
    35.494490952144

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-traffic location, excellent investment opportunity.
    Where is this land located?
    The property is located at 2526 Douglas Blvd Spencer, OK.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Walmart-anchored shopping center.; Strong national tenant mix including Walgreens, Subway, My Dentist, KFC, Taco Bell, AutoZone, and McDonald's.;
    Request Owner's contact information
    2526 Douglas Blvd Spencer, OK 73084
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    Spencer, OK 73084
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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
    2526 Douglas Blvd Spencer, OK 73084
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