Property summary
This exceptional investment opportunity presents a 2,496 square foot building situated on a 0.44-acre lot in Altus, Oklahoma. The property boasts a highly desirable location at the intersection of two four-lane streets, ensuring excellent visibility and accessibility for any future business. Previously operating as a successful convenience store and gas station, this established commercial space benefits from a history of consistent customer traffic on busy Falcon Road. The substantial building offers ample space for a variety of commercial ventures, making it an ideal canvas for entrepreneurs seeking a well-positioned property with significant potential. The 0.44-acre lot provides ample parking and room for expansion or outdoor amenities. Given its prime location and history as a thriving business, this property represents a rare chance to acquire a turnkey commercial space in a high-traffic area of Altus. The asking price of $600,000 reflects the significant value and potential of this established commercial property. Serious inquiries are encouraged to explore this lucrative investment opportunity further.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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