Property profile

602 Mckinney Ave Cheyenne, OK 73628

OFF-MARKET
Commercial real estate
0.24 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional 0.24-acre property located at 602 McKinney Avenue in Cheyenne, Oklahoma, presents a unique investment opportunity. Previously utilized as a funeral home, the building offers significant potential for diverse commercial uses or conversion to residential. The substantial size of the building, coupled with its convenient location in a residential area, provides flexibility for a wide range of future applications. A key feature is the ample parking, including a large lot on the south side and a convenient pull-through driveway on the north. This allows for easy access and ample space for clients or residents. The property is being offered at a significantly reduced price, making it an attractive proposition for savvy investors seeking a high-return investment. The building's adaptability and prime location in Cheyenne make it an ideal candidate for redevelopment or continued commercial use. Serious inquiries are encouraged to explore the possibilities of this versatile property. The asking price is $57,900. Don't miss this chance to acquire a valuable asset in a desirable location.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Lot 0.24 ac (10,454 SF)

Cap rate & NOI

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

Location

602 Mckinney Ave Cheyenne, OK 73628
Cheyenne 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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