120 Us Hwy 69 Chouteau, OK 74337
This 3,264 square foot commercial building, located at 120 US Hwy 69 N in Chouteau, Oklahoma, presents a significant investment opportunity. Situated on a 0.32-acre lot, this vacant property offers immense potential for a variety of businesses. Built in 1950, the building requires some repairs and renovations, allowing for customization to suit a new tenant's specific needs. The property's zoning, designated as COM WHSE (Commercial Warehouse), provides flexibility for diverse commercial uses. The strategic location on the heavily trafficked US Highway 69, a major commuting and freight route connecting Texas and Oklahoma, ensures high visibility and accessibility. This prime commercial space is ideally suited for a business relocation or a new venture seeking a prominent presence in the growing town of Chouteau. The asking price of $180,000 makes this an attractive proposition for investors seeking a strong return on investment in a thriving Oklahoma community. The property's size and zoning offer considerable potential for expansion and adaptation, making it a versatile option for a wide range of commercial enterprises. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly developing area.
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.