1000 Broadway Ave Spiro, OK 74959
This exceptional 1.77-acre commercial property boasts significant highway frontage on US Highway 271 in Spiro, Oklahoma. The level land offers approximately 275 feet of prime road visibility, ensuring high traffic exposure for any business. The existing building, constructed of concrete blocks on a solid concrete slab foundation, provides a sturdy and durable structure. The building features two convenient roll-up bay doors, ideal for loading and unloading, along with 3-phase electrical service for power-intensive operations. A secure 6-foot fenced impound yard is included, offering ample space for storage or additional operations. Currently utilized as an auto repair shop, this versatile property presents a multitude of potential uses for a variety of commercial ventures. Its strategic location and practical features make it an attractive investment opportunity for entrepreneurs seeking a well-established space with high visibility and ample room for expansion or adaptation. The property's solid construction and existing infrastructure minimize upfront investment costs, allowing for a quicker return on investment. The asking price is $179,000. This is a rare opportunity to acquire a well-positioned commercial property in a growing 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.