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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

101 Thornton St Vian, OK 74962

2,280 SF Built 1979
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US69-1591010
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1979
Total area 2,280 SF
APN 0285-00-012-005-0-002-00
UPID US69-1591010
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jimmie Carlin · 18 yrs held
Jimmie Carlin
since 2008
1 recorded transaction
2008
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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