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    221 Main St Spiro, OK 74959

    • Retail properties
    For Sale
    View listing
    $112,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 221 Main St

    Year built
    1967
    Property type
    Retail properties

    Description

    This exceptional retail property located at 221 S Main Street in Spiro, Oklahoma, presents a unique investment opportunity. Priced at $112,000, this adaptable building offers a multitude of potential uses. Previously utilized as a retail space, dance studio, and medical office, its flexible layout allows for a wide range of commercial ventures. Imagine transforming this space into a thriving boutique, a charming flower shop, a delightful bakery or restaurant, or a specialized hobby shop. The possibilities are truly endless. Recent upgrades significantly enhance the property's value and appeal. A brand-new HVAC system was installed in 2023, ensuring year-round comfort and efficiency. The roof was completely replaced in 2021, providing long-term protection and peace of mind. Furthermore, energy-efficient LED lighting was installed in January 2023, reducing operating costs and contributing to a modern, well-lit interior. With minimal interior modifications, this building is ready to welcome its next tenant and flourish. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable Spiro location. Don't miss out on this chance to own a piece of Spiro's vibrant commercial landscape. Contact us today to schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spiro
    County
    Leflore
    State
    Oklahoma
    Longitude
    -94.6213
    Latitude
    35.2397

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      22644 Aes Rd

      NURSERY, GREENHOUSE, FLORIST • 20,000 SF
      22644 Aes Rd, Spiro, OK 74959-5062
      View Details
    • Value Estimation
      $310,000
      64 SF

      Spiro, OK 74959

      NURSERY, GREENHOUSE, FLORIST • 64 SF
      Spiro, OK 74959
      View Details
    • Value Estimation by Request
      2,432 SF

      Spiro, OK 74959

      AUTO REPAIR, GARAGE • 2,432 SF
      Spiro, OK 74959
      View Details
    • Value Estimation by Request
      3,400 SF

      Spiro, OK 74959

      RETAIL STORES (PERSONAL SERVICES) • 3,400 SF
      Spiro, OK 74959
      View Details
    • Value Estimation by Request
      1,750 SF

      Spiro, OK 74959

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      Spiro, OK 74959
      View Details
    • Value Estimation by Request
      1,200 SF

      Spiro, OK 74959

      AUTO REPAIR, GARAGE • 1,200 SF
      Spiro, OK 74959
      View Details

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    221 Main St
    Spiro, OK 74959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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