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Property profile & analytics
OFF-MARKET
Retail space

1343 Melba Ave Atoka, OK 74525-3221

1,910 SF Built 2002
Individually Owned Absentee Owner Free & Clear
Property ID
US69-1952893
Property summary
AI-generated overview

This 1,910 sq ft vacant storefront, located at 1343 Melba Ave in Atoka, Oklahoma, presents a compelling investment and business opportunity. Built in 2002 and renovated in 2021, this Class B retail property sits on a 0.24-acre lot (APN: 1010-00-001-001-0-000-00) and offers excellent visibility from Highways 3 and 69/75. The building features two large rooms, each with its own entrance, a remodeled bathroom, a walk-in cooler, and a storage area. Recent updates include new windows, floor paint, a new heat pump, and two 50-amp RV hookups. The property also includes eight parking spaces and a security system. Previously used as a floral/gift shop, this versatile space is suitable for various businesses, including cafes, restaurants, retail shops, or even two smaller businesses. Some existing cabinets and work tables will remain. The asking price is $250,000, with a price per square foot of $130.89. The land value is estimated between $50,000 and $75,000 per acre. The property is zoned for commercial use and is available for occupancy starting January 1, 2024. This is a great opportunity to own a property in a growing city, benefiting from high traffic flow and excellent exposure.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 1,910 SF
APN 1010-00-001-001-0-000-00
UPID US69-1952893
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
KINGSTON CLAUDIA DAVID
KINGSTON CLAUDIA DAVID
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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