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    924 Missouri Ave Walters, OK 73572

    For Sale
    $240,000

    Former bank, 1680 SF, 2.11 acres

    Property size:
    1,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property, located at 924 W Missouri Ave in Walters, Oklahoma, presents a unique investment opportunity. The building, a former bank branch, boasts 1,680 square feet of space situated on a generous 2.11-acre lot. Built in 2000, the single-story structure is currently vacant, offering a blank canvas for a variety of commercial uses. The asking price is $240,000, translating to $190.48 per square foot. Its strategic location provides significant visibility and accessibility. The property enjoys 275 feet of frontage on OK-5 (W Missouri Ave), a major thoroughfare, and is conveniently located just 4.5 miles east of Interstate 44, ensuring high traffic volume and excellent exposure to potential customers. The expansive lot size offers ample room for expansion, parking, or future development. This property is ideal for owner-users seeking a prominent location to establish their business or for investors looking for a strong return on investment in a growing market. The property's former use as a bank suggests a solid foundation and existing infrastructure. The zip code is 73572, and the property is situated in Cotton County. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

    Property Features for 924 Missouri Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,680 SF
    Lot Size
    91,912 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1

    HighLights

    • Former bank building, 1,680 square feet.
    • 2.11‑acre land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Walters
    County
    Cotton
    State
    Oklahoma
    Longitude
    -98.3198802
    Latitude
    34.3607629

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    FAQs

    What type of property is this?
    Individual retail property - Former bank, 1680 SF, 2.11 acres
    Where is this individual retail property located?
    The property is located at 924 Missouri Ave Walters, OK.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Former bank building, 1,680 square feet.; 2.11-acre land parcel.;
    Request Owner's contact information
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    Walters, OK 73572
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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
    924 Missouri Ave Walters, OK 73572
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