Current Use by Public Records
- Retail properties & Spaces
Property Details for 102 Us-81
- Year built
- 1950
- Lot size
- 0.44 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional Duncan, Oklahoma commercial property presents a prime opportunity for a restaurant or fast-food establishment. Located on US-81, the 0.44-acre lot boasts 141 feet of highway frontage, ensuring high visibility and accessibility. The property includes a 1,096 square-foot building, a rear shop, and all utilities are on-site. Currently zoned C-4 General Commercial, this location offers significant potential for a thriving business. The asking price for the main 0.28-acre lot with the building is $295,000. An additional 0.16-acre lot is available for $75,000, requiring rezoning for commercial use if desired. Note that an ice machine currently leases space on the property, generating $500 per month in income. The property's strategic location near downtown Duncan and a high school contributes to its high traffic volume and strong potential for customer base. Built in 1950, this property offers a unique blend of established infrastructure and high-growth potential. This corner lot presents a rare opportunity to establish a successful business in a vibrant community.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duncan
- County
- Stephens
- State
- Oklahoma
- Longitude
- -97.9679
- Latitude
- 34.5041
