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    Property profile & analytics

    1201 Main St Altus, OK 73521-3123

    • Drive through restaurants
    • 2,764 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $535,000
    Location Intelligence
    Property ID
    US69-1623205
    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

    • Arby's / American Restaurant / Deli

    Property Details for 1201 Main St

    Year built
    1980
    Lot size
    0.59 lot acres
    Property size
    2,764 SF
    Property type
    Drive through restaurants
    APN
    0265-00-008-014-0-000-00
    APU
    26500008014000000

    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
    -99.3343
    Latitude
    34.6501
    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
    $7,050
    $35,594
    $47,118
    $82,712
    -
    $296,620
    $392,647
    $689,267

    Comparable in this City

    • Value Estimation by Request
      1,400 SF

      314 Broadway St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,400 SF
      314 Broadway St, Altus, OK 73521-5508
      View Details
    • Value Estimation by Request
      2,000 SF

      1409 Falcon Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,000 SF
      1409 Falcon Rd, Altus, OK 73521-4505
      View Details
    • Value Estimation
      $480,000
      5,536 SF

      2505 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,536 SF
      2505 Main St, Altus, OK 73521-1613
      View Details
    • Value Estimation by Request
      2,714 SF

      2722 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,714 SF
      2722 Main St, Altus, OK 73521-1618
      View Details
    • Value Estimation by Request
      1,444 SF

      220 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,444 SF
      220 Main St, Altus, OK 73521-3130
      View Details
    • Value Estimation
      $695,000
      5,295 SF

      Altus, OK 73521

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,295 SF
      Altus, OK 73521
      View Details

    Similar Nearby for Sale

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      Altus Restaurant - Turnkey Opportunity

      Established Mexican Restaurant, Great Income!
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    • $1,713,315
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      Applebee's NNN Investment Opportunity

      NNN leased Applebee's with annual rent increases in Altus, OK.
      3501 N Main St, Altus, OK 73521
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    • $225,000
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      Altus Restaurant or Retail Opportunity

      Versatile commercial property suitable for restaurant, retail, or office use.
      114 E Cypress 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.
      1420 W Broadway St, Altus, OK 73521
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    • $5,000,000
      121,124 SF

      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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    • $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

    Property Visit Statistics

    • Visits by month
      9.8k
    • Visitors by month
      7.1k
    • Avg Time on site
      12 min
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    1201 Main St
    Altus, OK 73521-3123
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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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