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Property profile & analytics
OFF-MARKET Estimated value $550,000
Warehouses

126 2nd St Okemah, OK 74859-2610

7,415 SF 0.08 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
Property ID
US69-2139366
Property summary
AI-generated overview

This exceptional commercial property, located at 126 N 2nd Street in the heart of Okemah, Oklahoma, presents a compelling investment opportunity. The substantial 10,074 square foot building enjoys a prime downtown location, directly across from the Okfuskee County Health Department, ensuring high visibility and accessibility. The property's strategic position offers significant advantages for a variety of commercial uses. The building itself is a substantial stand-alone structure, providing ample space for diverse business needs. Beyond the building's considerable size, the property's true strength lies in its expansive land holdings. This offering includes six individual lots, totaling 0.08 acres, providing significant flexibility for future development or expansion. The combined size of the building and the land presents numerous possibilities for redevelopment, expansion, or even subdivision. This property is ideal for entrepreneurs seeking a prominent location with substantial space, or investors looking for a strong return on investment in a thriving community. The asking price for this unique opportunity is $87,000. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1920
Total area 7,415 SF
Lot 0.08 ac (3,312 SF)
APN 0101-00-016-025-0-007-00
UPID US69-2139366
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
WALKER, WILLIAM EARL SR FAMILY TRUSTST & BRENDA EL
WALKER, WILLIAM EARL SR FAMILY TRUSTST & BRENDA EL
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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