204 State Hwy Locust Grove, OK 74352
This exceptional investment opportunity presents a 9,180-square-foot Family Dollar convenience store located at 204 State Hwy 82 in Locust Grove, Oklahoma, zip code 74352. The property is offered for sale by owner at an asking price of $665,000, translating to a price per square foot of $72.44. This single-story building operates under a net lease agreement, providing a passive income stream for the investor. The property's prime location in Mayes County, Oklahoma, ensures high visibility and accessibility for customers. The Family Dollar brand is a well-established and reputable tenant, minimizing risk and maximizing the potential for long-term profitability. Detailed financial information is available upon request. This is a rare chance to acquire a stable, income-generating asset in a thriving market. The property's strong tenant and favorable lease terms make it an attractive investment for both seasoned and new investors seeking a secure and profitable addition to their portfolio. Serious inquiries only.
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
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.