1221 N Grady St Altus, OK 73521
Property profile & analytics
1221 N Grady St, Altus, OK 73521
- Turn key restaurants
- 2,948 SF
- 0.47 lot acres
Property ID
US69-1531307
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.
Location Intelligence
Current Use by Public Records
- Chávez restaurante / Restaurant
Property Details for 1221 N Grady St
- Year built
- 1960
- Lot size
- 0.47 lot acres
- Property type
- Turn key restaurants
- APN
- 0010-00-009-005-0-001-00
- APU
- 1000009005000100
Description
This exceptional turnkey opportunity presents a thriving Mexican restaurant located at 1221 N Grady St, Altus, OK 73521. The property, situated on a 0.47-acre lot, boasts a spacious 2,948 square foot building currently generating a stable monthly rental income of $2,400. The asking price for this established business and real estate is $400,000, translating to a price per square foot of $135.69. This represents a strong investment potential for buyers seeking a proven, income-producing asset in a well-established location within Jackson County. The restaurant is currently operational, offering immediate cash flow and the potential for continued growth. The substantial lot size provides ample space for potential expansion or outdoor seating. This property is a rare find, combining the benefits of a successful, existing business with the security of owning the underlying real estate. The property's location in Altus, Oklahoma offers a strong local market and convenient access to major transportation routes. This is an ideal opportunity for investors seeking a stable, income-generating asset with significant upside potential. All interested parties are encouraged to conduct their own due diligence.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Altus
- County
- Jackson
- State
- Oklahoma
- Longitude
- -99.333
- Latitude
- 34.6513
- 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
$1,319
$4,680
$10,790
$15,470
-
$38,996
$89,920
$128,916
