Property profile

114 N 2Nd St Okemah, OK 74859

FOR SALE
Warehouses
Property ID
US69-2102365
144 SF 0.08 ac lot Built 1920
Individually Owned 20-yr Hold Free & Clear
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For Sale
Contact for pricing 144 SF
114 N 2Nd St, Okemah, OK 74859
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Property summary

AI-generated overview

This exceptional 1,440 square foot commercial building is ideally situated in the heart of downtown Okemah, Oklahoma, spanning one and three-quarter lots. The property boasts a unique double roof system, with the upper portion constructed of durable metal. Large windows grace the front of the building, many of which are brand new, currently protected by plywood coverings during the vacancy period. A sturdy front awning provides additional protection and aesthetic appeal. A significant upgrade has already been completed: the electrical system has been entirely rewired, and a new panel box has been installed, ensuring modern and safe electrical functionality. The building itself is in good condition, presenting a solid foundation for a new business venture. With minimal cosmetic improvements, this property is ready to welcome its next occupant. Its central location and recent upgrades make it an attractive opportunity for entrepreneurs seeking a well-maintained space in a thriving downtown area. The ample lot size offers potential for expansion or additional parking. This is a turnkey opportunity for immediate occupancy and business operations. The property is priced competitively at $45,000, reflecting its value and potential for return on investment.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1920
Total area 144 SF
Lot 0.08 ac (3,312 SF)
APN 0101-00-016-022-0-006-00
UPID US69-2102365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

114 N 2Nd St Okemah, OK 74859
Okemah metro Census 80900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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