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    Property profile & analytics

    1012 Falcon Rd Altus, OK 73521-2836

    • Retail space
    • 2,400 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $120,000
    Last Sale
    Jul 30, 2020
    $147,000
    Location Intelligence
    Property ID
    US69-1641832
    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

    • Bourbon Iris Salon / Lumos Red and NIR light therapy / Hair Salon
    • Lawtonka Counseling Services Altus / Counselor

    Property Details for 1012 Falcon Rd

    Year built
    1970
    Lot size
    0.30 lot acres
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    0060-00-004-001-0-000-00
    APU
    6000004001000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3214
    Latitude
    34.652
    CBSA code
    11060
    CBSA name
    ALTUS, 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
    $1,515
    $2,938
    $14,836
    $17,774
    -
    $24,487
    $123,636
    $148,123

    Comparable in this City

    • Value Estimation by Request
      3,750 SF

      Altus, OK 73521

      RETAIL STORES (PERSONAL SERVICES) • 3,750 SF
      Altus, OK 73521
      View Details
    • Value Estimation by Request
      3,560 SF

      709 Sutherland St

      RETAIL STORES (PERSONAL SERVICES) • 3,560 SF
      709 Sutherland St, Altus, OK 73521-4040
      View Details
    • Value Estimation by Request
      2,120 SF

      15625 Us Hwy 283

      RETAIL STORES (PERSONAL SERVICES) • 2,120 SF
      15625 Us Hwy 283, Altus, OK 73521-8368
      View Details
    • Value Estimation by Request
      1,400 SF

      Altus, OK 73521

      RETAIL STORES (PERSONAL SERVICES) • 1,400 SF
      Altus, OK 73521
      View Details
    • Value Estimation by Request
      494 SF

      824 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 494 SF
      824 Broadway St, Altus, OK 73521
      View Details
    • Value Estimation by Request
      2,500 SF

      400 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      400 Broadway St, Altus, OK 73521-5536
      View Details

    Similar Nearby for Sale

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      3,780 SF

      Versatile Business Complex on Broadway

      Multi-faceted business complex with three storefronts in Altus, Oklahoma.
      2300 E Broadway St, Altus, OK 73521
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    • $1,250,000
      7,540 SF

      Established Automotive Business with Real Estate

      Long-standing Altus business with inventory, assets, and real estate for sale.
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    • $5,000,000
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      85,453 SF Retail Center

      Retail center anchored by Dunham's Sports on 8.36 acres.
      1100-1121 N Main St, Altus, OK 73521
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    • $400,000
      2,948 SF

      Altus Restaurant - Turnkey Opportunity

      Established Mexican Restaurant, Great Income!
      1221 Grady St, Altus, OK 73521
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    • $1,713,315
      4,854 SF

      Applebee's NNN Investment Opportunity

      NNN leased Applebee's with annual rent increases in Altus, OK.
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    • $225,000
      5,044 SF

      Garage and Warehouse on Falcon

      Garage and warehouse with two spaces for sale on Falcon.
      921 Falcon Rd, Altus, OK 73521
      View Details
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    1012 Falcon Rd
    Altus, OK 73521-2836
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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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