126 2nd St Okemah, OK 74859-2610
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.