Property profile

107348 Lotawatah Rd Checotah, OK 74426

OFF-MARKET
Retail properties & Spaces
3,475 SF 1 ac lot Built 1981
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Property summary

AI-generated overview

This 3,475 square foot former convenience store and gas station is situated on a one-acre lot at 107348 Lotawatah Road in Checotah, Oklahoma, directly off I-40 at exit 262. Built in 1981, the single-story building offers high visibility and easy access for customers. Its prime location near Lake Eufaula, a popular tourist destination, presents a unique opportunity for a variety of retail or restaurant uses. The property is zoned C-1 and boasts significant traffic volume due to its proximity to the interstate and the lake. The property is available in as-is condition, with rent abatement or tenant improvement allowances potentially available. The lease terms stipulate that the tenant is responsible for rent, all utilities, and maintenance (excluding roof repairs). This presents a compelling investment opportunity for entrepreneurs seeking to capitalize on the consistent tourism in the area. The McIntosh County property (APN 460007010) offers a chance to establish a thriving business in a high-traffic location. The entire building is currently vacant.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1981
Total area 3,475 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

107348 Lotawatah Rd Checotah, OK 74426
Checotah metro
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Value estimations

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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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