1702 Muskogee AveTahlequah, OK 74464

Property Details for 1702 Muskogee Ave

Year built

2007

Lot size

0.74 AC

Property size (Sq ft)

352 SF

Property type

Retail properties

Property subtype

Retail space

APN

3205-00-000-000-0-008-00

APU

320500000000000800

Description

This exceptional 1,737 square foot freestanding retail building is situated on a 0.49-acre lot (21,237 square feet) in Tahlequah, Oklahoma, within Cherokee County. The property boasts a prime location on a major retail thoroughfare, enjoying high visibility and accessibility. Currently vacant, this single-tenant building presents a unique opportunity for immediate occupancy. The property's strategic location places it in close proximity to a variety of established businesses, including Atwoods, AutoZone, Lowe's, KFC, McDonald's, Walmart, and Walgreens, ensuring significant foot traffic and brand recognition. Tahlequah's robust economy is further bolstered by the presence of Northeastern State University, with its substantial student population of 6,702 undergraduate and graduate students. The city's rich cultural heritage, highlighted by the Cherokee National Capitol and Cherokee Heritage Center, adds to its appeal and attracts visitors. The property's proximity to the Illinois River, a popular recreational destination for canoeing and fishing, provides additional draw for potential customers. This property offers a compelling investment opportunity in a thriving community with a strong economic base and significant tourism potential. The building is currently vacant and ready for immediate occupancy. The zip code is 74464.

• CAP approach

  CAP return

  Valuation

  6%

  $45,106

  6.5%

  $41,636

  7%

  $38,662

• Comparable approach

  Method

  Valuation

  Relative Method

  $63,450

  Geo Method

  $63,450

• Alternative Use

  Use

  Valuation

  Residential

  $35,122

  Hospitality

  $32,172

  Educational

  $26,766

  Medical

  $27,687

  Retail

  $41,636

Location Insight

City

Tahlequah

County

Cherokee

State

Oklahoma

Latitude

35.894

Longitude

-94.9778

CBSA code

45140

CBSA name

TAHLEQUAH, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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