1213 Cherokee St Wagoner, OK 74467
- Individual retail properties
- 640 SF
- 0.33 lot acres
Current Use by Public Records
- Archer Cleaners Dry Cleaning & Laundry / Dry Cleaner
Property Details for 1213 Cherokee St
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 0.33 lot acres
- Property size
- 640 SF
- Property type
- Individual retail properties
- APN
- 010000-329002-000000
- APU
- 10000329002000000
Description
This exceptional .33-acre pad site presents a remarkable opportunity for quick-service restaurant (QSR) development. Located at the intersection of US-69 and Highway 51 in Wagoner, Oklahoma, this property boasts phenomenal access and visibility, ensuring high traffic counts. The site is zoned C-3 and benefits from all utilities already on-site, simplifying the development process. With a ground lease option available, this property offers flexibility for potential buyers or lessees. The location is surrounded by a thriving retail environment, including major national brands such as Walmart Supercenter, Tractor Supply, Walgreens, QuickTrip, Arby's, Braum's, McDonald's, Sonic, Taco Bell, and Taco Bueno, ensuring a strong customer base. Daily traffic counts exceed 26,200 and 10,700 vehicles, demonstrating significant potential for high sales volume. The property is situated in Wagoner County, Oklahoma, serving a population of over 8,000 residents. This prime location and convenient access make this an ideal site for a successful QSR establishment. The single building lot offers a blank canvas for your vision, allowing for customized construction to meet your specific needs. Don't miss this chance to establish your business in a high-traffic, well-established retail corridor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $175,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $140,000
- Mixed-Use
- $115,000
- Hospitality
- $155,000
- Educational
- $135,000
- Residential Income
- $145,000
- Energy
- $160,000
- Income-Based Land
- $135,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Wagoner
- County
- Wagoner
- State
- Oklahoma
- Longitude
- -95.3933
- Latitude
- 35.9594
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA