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Property profile

1112 Wade Watts St McAlester, OK 74501

OFF-MARKET
Commercial real estate
1,040 SF 6.34 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional commercial property, located at 1112 E Wade Watts Street Unit 1112 in McAlester, Oklahoma, presents a unique investment opportunity. Boasting a generous 6.34-acre lot, this property offers significant potential for a variety of commercial ventures. The existing building comprises 1,040 square feet, providing a solid foundation for immediate use or redevelopment. Its strategic location at the intersection of East Wade Watts Street and South 12th Street ensures high visibility and accessibility, benefiting from substantial traffic flow. The property is zoned C-3, opening doors to a wide range of commercial uses, subject to city approvals. This versatile space is ideal for entrepreneurs seeking a prominent location with ample room for expansion or those looking to capitalize on the high traffic count in this thriving area. The expansive lot size allows for significant future development, making this an attractive proposition for long-term growth and investment. The possibilities are truly endless for this prime commercial real estate offering in McAlester. Serious inquiries are encouraged to explore the full potential of this exceptional property. The asking price is $299,000.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Total area 1,040 SF
Lot 6.34 ac (276,170 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1112 Wade Watts St McAlester, OK 74501
McAlester metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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