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Property profile & analytics

10 Washington Ave Mcalester, OK 74501-4623

  • Office buildings
  • 108 SF
  • 0.69 lot acres
OFF-MARKET
Value Estimation
$450,000
Last Sale
Dec 29, 2021
$414,000
Location Intelligence
Property ID
US69-0793448
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Parks Michael D / Personal Injury Attorney
  • Allford Ivester & Green / Attorney
  • Constantikes John J / Attorney
  • Green Elaine / Attorney
  • Thad Tate Bail Bonds / Bail Bonds Service

Property Details for 10 Washington Ave

Year built
1966
Lot size
0.69 lot acres
Property size
108 SF
Property type
Office buildings
APN
0100-00-318-004-0-004-00
APU
10000318004000400

Description

This exceptional 12,148 square foot property, located at 10 E Washington Avenue, Unit 10, in the heart of downtown McAlester, Oklahoma, presents a unique investment opportunity. Situated on a 0.69-acre lot, this property boasts a highly desirable location with convenient access to local shops, restaurants, and other amenities. A key advantage is its dedicated parking lot, a rare find in a downtown setting, ensuring ample parking for tenants and customers. The property is currently generating income from long-term tenants, providing immediate return on investment. Recent upgrades and renovations have enhanced both the interior and exterior, ensuring the property is well-maintained and attractive. This versatile property is suitable for both investors seeking a steady income stream and owner-occupants looking for a prime location with existing rental income. The established tenants contribute to the property's financial stability, potentially covering a significant portion of ownership costs. This is a rare chance to acquire a substantial property in a thriving downtown area, offering significant potential for future growth and profitability. The asking price is $575,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $490,000
  • CAP approach

    CAP return
    Estimation
    6%
    $370,000
    6.5%
    $430,000
    7%
    $375,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $445,000
    Geo Method
    $395,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $360,000
    Retail
    $365,000
    Mixed-Use
    $445,000
    Hospitality
    $355,000
    Educational
    $425,000
    Residential Income
    $490,000
    Energy
    $440,000
    Income-Based Land
    $405,000
    Food Service
    $440,000

Location Insight

  • Map
  • Local Demand
City
Mcalester
County
Pittsburg
State
Oklahoma
Longitude
-95.769
Latitude
34.9342
CBSA code
32540
CBSA name
MCALESTER, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,978
$7,861
$37,679
$45,540
-
$71,460
$342,540
$414,000
More about this property
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