1120 Falcon Rd St, Altus, OK 73521
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.