802 Commercial Ave Mounds, OK 74047
This exceptional commercial property, located at 802 Commercial Avenue Unit 802 in Mounds, Oklahoma, presents a unique investment opportunity. Situated on a 0.48-acre corner lot at the intersection of Old Hwy 75 and 201st, this property boasts high visibility and easy access. The 1,600 square foot building features two distinct retail spaces, ideal for a variety of businesses. Six additional lots are included in the sale, providing significant expansion potential or additional income streams. The property is enhanced by a gated black pipe fence, ensuring security and creating a defined space. Ample parking is available for customers and employees. The building itself has undergone recent updates, including new granite countertops, vinyl wood flooring, and modern lighting fixtures. A significant advantage is the inclusion of separate office and living areas, offering flexibility for owners or tenants. Furthermore, a detached garage provides additional storage space, and a built-in storm shelter offers peace of mind. This property's prime location, coupled with its updated features and substantial lot size, makes it an attractive proposition for savvy investors and business owners alike. The proximity to a gas station further enhances its commercial viability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.