1631 Us Hwy 69 Hwy McAlester, OK 74501
This exceptional 1.74-acre property in McAlester, Oklahoma, presents a unique investment opportunity. The main structure boasts 10,809 square feet of industrial-grade space, ideally situated in a high-traffic area. Originally constructed for an International Harvester dealership, the building currently houses a thriving furniture store and 75 fully leased Davis Storage units (10' x 12' and two 14' x 24' units, movable). Its versatile history includes successful operation as a furniture store, U-Haul business, and storage facility. The property's climate control is comprehensive, featuring five air conditioning units and a dedicated mechanical room for heating. The building's adaptability is further enhanced by a removable loft area, revealing 16-foot ceilings, making it suitable for various uses. Potential applications include light manufacturing, automotive sales, trucking operations, or warehousing. A separate shop building and ample parking are also included. The current owners are open to selling the established businesses operating on the site as well. This property offers significant potential for a diverse range of commercial ventures.
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
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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.