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    OFF-MARKET
    Commercial real estate

    3306 Main St, Altus, OK 73521

    4.96 ac lot Built 1901
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.96-acre commercial property boasts 461 feet of road frontage on US Highway 283 in Altus, Oklahoma. Its strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The property's proximity to Western Oklahoma State College (WOSC), Gallagher Orthopedics, Cattleman's Bank, Applebee's Restaurant, and a Hampton Inn ensures high traffic and a strong customer base. Altus is experiencing growth in this direction, presenting a unique opportunity for investors and developers. The expansive acreage allows for flexibility in development plans, with the possibility of subdividing the land for multiple uses or developing a large-scale project. The high-traffic location and proximity to established businesses make this property a compelling investment opportunity with endless possibilities. The seller is open to offers for the entire parcel or a portion thereof, providing flexibility for various development scenarios. This is a rare chance to acquire a significant commercial land holding in a thriving area of Altus. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1901
    Lot 4.96 ac (216,058 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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