Property profile

107348 Lotawatah Rd Checotah, OK 74426

OFF-MARKET
Retail properties & Spaces
3,475 SF 5 ac lot Built 1981
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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

Location

107348 Lotawatah Rd Checotah, OK 74426
Checotah metro
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Value estimations

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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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