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Property profile & analytics
OFF-MARKET
Specialty properties

1104 Spurgeon St Altus, OK 73521

Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of an established restaurant in Altus, Oklahoma. Located on 1104 N Spurgeon Street, just one block from Falcon Road and Main Street, this property boasts a prime location with high visibility and convenient access. The restaurant has enjoyed four years of consistent operation, cultivating a strong brand and loyal customer base, making it a well-loved local favorite. The sale includes all kitchen equipment, furnishings, and fixtures, offering a truly turnkey operation. New owners can seamlessly continue the existing successful concept or implement their own culinary vision. The property is priced at $1,200,000 and is categorized as special purpose commercial land. With the area's ongoing development, there's significant potential for growth and expansion. This presents an ideal investment for experienced restaurateurs or entrepreneurs seeking to establish themselves in the thriving Altus dining scene. The property is ready for immediate operation, offering a unique chance to acquire a profitable and well-regarded business. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
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
Current use
Occupant on record · Public records
  • JD's Hideaway Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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