Property profile

1120 Falcon Rd St Altus, OK 73521

OFF-MARKET
Investment properties
2,496 SF 0.44 ac lot Built 1978
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Property summary

AI-generated overview

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

Verified
Property type Investment properties
Year built 1978
Total area 2,496 SF
Lot 0.44 ac (19,166 SF)

Cap rate & NOI

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

Location

1120 Falcon Rd St Altus, OK 73521
Altus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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