Property profile

121 N 4Th St Sayre, OK 73662

FOR SALE
Office buildings
Property ID
US69-0877423
3,125 SF 0.09 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3,125 square foot commercial office building is situated on the iconic Route 66 in Sayre, Oklahoma. The property, encompassing 0.09 acres, presents a unique opportunity for a variety of businesses. Currently operating as a law office for 49 years, the building boasts a rich history and established presence within the community. Substantial renovations were completed in 1984, including a new roof, updated electrical wiring, and numerous other improvements. The building's layout includes six individual offices, providing ample space for staff and clients. A convenient breakroom is also included for employee comfort. A secure safe room adds an extra layer of security. The building offers both front and back entry points for easy access and convenient client flow. While photographs may not depict all areas, it's important to note that two additional offices and the safe room are not shown in the available images. This well-maintained property is priced competitively at $199,900 and represents a rare chance to acquire a piece of Sayre's history and a thriving commercial space. The property's location on Route 66 offers excellent visibility and accessibility, making it an ideal location for a variety of professional services. Don't miss this opportunity to own a piece of Route 66 history and a successful commercial enterprise.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction FRAME
Total area 3,125 SF
Lot 0.09 ac (3,750 SF)
Zoning code C1
APN 0430-00-049-022-0-000-00
UPID US69-0877423

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm

Location

121 N 4Th St Sayre, OK 73662
Sayre metro Census 966800 ELK CITY, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

C1 · Sayre, OK

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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