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    7971 Us-70 Waurika, OK 73573

    For Sale
    $120,000

    Prime Retail Space, High Traffic Area, Owner Financing Available

    Property size:
    1,161 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,161 square foot retail property, located at 7971 US-70 in Waurika, Oklahoma, presents a unique investment opportunity. Situated on a 0.63-acre lot in Jefferson County, this property boasts a highly visible hard corner location at the intersection of Meridian and US Highway 70, ensuring significant traffic exposure. Originally constructed in 1955 and extensively renovated in 2023, the building is zoned for commercial use and offers versatile space suitable for a variety of retail businesses, including convenience stores, storefronts, or auto shops. The property's previous use as a service station has been updated, with underground tanks removed, making it ideal for an auto service center. The thriving community of Waurika presents a strong market for such services. This owner-user opportunity is further enhanced by the seller's willingness to consider owner financing, making it an attractive proposition for qualified buyers. The property's prime location, recent renovations, and flexible zoning combine to create a compelling investment opportunity with significant potential for growth and return. The property's address is 7971 US-70, Waurika, OK 73573.

    Property Features for 7971 Us-70

    General Information

    Property type
    Automotive properties
    Square Feet
    1,161 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built/Renovated
    1955/2023

    HighLights

    • $120,000 asking price for a 1,161 SF retail property.
    • Owner/user investment opportunity.
    • Single‑tenant building.
    • 1955 construction, renovated in 2023.
    • 0.63‑acre lot in Waurika, OK, zoned commercial.
    • Conveniently located on a hard corner at 7971 US‑70.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Waurika
    County
    Jefferson
    State
    Oklahoma
    Longitude
    -98.000264
    Latitude
    34.159036

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    FAQs

    What type of property is this?
    Automotive property - Prime Retail Space, High Traffic Area, Owner Financing Available
    Where is this automotive property located?
    The property is located at 7971 Us-70 Waurika, OK.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: $120,000 asking price for a 1,161 SF retail property.; Owner/user investment opportunity.; Single-tenant building.
    Request Owner's contact information
    7971 Us-70 Waurika, OK 73573
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    Waurika, OK 73573
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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
    7971 Us-70 Waurika, OK 73573
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