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    OFF-MARKET
    Retail properties & Spaces

    107348 Lotawatah Rd, Checotah, OK 74426

    3,475 SF 5 ac lot Built 1981
    Property ID
    Property summary
    AI-generated overview

    This 3,475 square foot retail property, located at 107348 Lotawatah Rd, Checotah, OK 74426, presents a significant investment opportunity. Situated on a 5-acre lot with C-1 zoning, this single-story, 1981-built building offers exceptional visibility from Interstate 40, just west of Checotah, near exit 262. Its former use as a convenience store and gas station provides a solid foundation for a variety of retail ventures, including a new service station, traditional retail store, or restaurant. The property benefits from a hard corner location and ample signage opportunities, maximizing its exposure to the high volume of traffic on I-40, a major thoroughfare leading to Lake Eufaula, a popular tourist destination. The property's strategic location near Lake Eufaula ensures consistent traffic throughout the year, with increased activity during the peak summer months. This presents an excellent chance for investors or owner-operators seeking a high-visibility location in a growing area. The property includes 3,475 square feet of net rentable space and is situated in McIntosh County. The APN is 46007010. This is a prime opportunity to capitalize on the strong tourism and local commerce in this area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1981
    Total area 3,475 SF
    Lot 5 ac (217,800 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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