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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

802 Commercial Ave Mounds, OK 74047

1,600 SF 0.48 ac lot Built 1903
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1903
Total area 1,600 SF
Lot 0.48 ac (20,909 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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