101 Thornton St Vian, OK 74962
This exceptional mixed-use commercial property, located at 101 S Thornton Street Unit 101 in Vian, Oklahoma, presents a unique investment opportunity. Boasting 2,280 square feet on a 0.17-acre lot, this property sits at a prime intersection within a growing area, serving as a key access point to the popular Lake Tenkiller and nearby towns such as Gore, Sallisaw, Cookson, and Tahlequah. High traffic volume is confirmed by the Oklahoma Department of Transportation (ODOT), reporting an annualized average daily traffic count of 3,700 vehicles. The property includes existing restaurant equipment, a significant advantage for a food service business, encompassing a vent hood, coolers, and a walk-in cooler. While gas pumps are currently on the site, they will be removed before the closing of the sale. It's important to note that deed restrictions are in place that will prevent the future sale of gasoline on the property. This versatile property offers substantial potential for a variety of commercial ventures, capitalizing on its strategic location and existing infrastructure. The asking price is $300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.