1343 Melba Ave Atoka, OK 74525-3221
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.
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
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.