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Property profile & analytics
OFF-MARKET
Specialty properties

1120 Main St Frederick, OK 73542

5,594 SF 2 ac lot Built 1958
Property ID
Property summary
AI-generated overview

This versatile, 5,594 sq ft building in Frederick, OK, sits on 2 acres with 30 parking spaces. Originally built in 1958 and renovated in 2017, it boasts a prime location on S Main St, offering high visibility and highway traffic. Currently vacant, this Class B property is zoned commercial and presents multiple possibilities. Previously operating as a restaurant with separate dining and event spaces, it includes a large commercial kitchen. The layout allows for independent operation of each area, enhancing flexibility. Much of the existing kitchen equipment and dining room furniture may be included. Alternative uses include a hunters' lodge, retail showroom, office space, light manufacturing, or data hosting. The asking price is $245,000 ($43.80/sq ft). A modified lease is possible under a lease-purchase agreement with a qualified tenant.

Property profile
Verified
Property type Specialty properties
Year built 1958
Total area 5,594 SF
Lot 2 ac (87,120 SF)
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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