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    Property profile & analytics

    1503 Main St Altus, OK 73521-2144

    • Drive through restaurants
    • 1,200 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Apr 21, 2025
    $100,000
    Location Intelligence
    Property ID
    US69-1444073
    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.

    Current Use by Public Records

    • Subway / Sandwich Shop / Fast Food Restaurant

    Property Details for 1503 Main St

    Year built
    1993
    Lot size
    0.30 lot acres
    Property size
    1,200 SF
    Property type
    Drive through restaurants
    APN
    0280-00-008-004-0-000-00
    APU
    28000008004000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3343
    Latitude
    34.6541
    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
    $1,050
    $4,667
    $7,655
    $12,322
    -
    $38,895
    $63,792
    $102,687

    Comparable in this City

    • Value Estimation by Request
      1,092 SF

      813 Broadway St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,092 SF
      813 Broadway St, Altus, OK 73521-5516
      View Details
    • Value Estimation by Request
      1,444 SF

      220 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,444 SF
      220 Main St, Altus, OK 73521-3130
      View Details
    • Value Estimation
      $695,000
      5,295 SF

      Altus, OK 73521

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,295 SF
      Altus, OK 73521
      View Details
    • Value Estimation
      $2,755,000
      3,108 SF

      1701 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,108 SF
      1701 Main St, Altus, OK 73521-2013
      View Details
    • Value Estimation
      $230,000
      2,495 SF

      Main

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,495 SF
      Main, Altus, OK 73521
      View Details
    • Value Estimation
      $380,000
      2,464 SF

      2728 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,464 SF
      2728 Main St, Altus, OK 73521-1618
      View Details

    Similar Nearby for Sale

    • $400,000
      2,948 SF

      Altus Restaurant - Turnkey Opportunity

      Established Mexican Restaurant, Great Income!
      1221 Grady St, Altus, OK 73521
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    • $1,713,315
      4,854 SF

      Applebee's NNN Investment Opportunity

      NNN leased Applebee's with annual rent increases in Altus, OK.
      3501 N Main St, Altus, OK 73521
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    • $225,000
      2,940 SF

      Altus Restaurant or Retail Opportunity

      Versatile commercial property suitable for restaurant, retail, or office use.
      114 E Cypress St, Altus, OK 73521
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    • $225,000
      5,044 SF

      Garage and Warehouse on Falcon

      Garage and warehouse with two spaces for sale on Falcon.
      921 Falcon Rd, Altus, OK 73521
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    • $349,000
      3,780 SF

      Versatile Business Complex on Broadway

      Multi-faceted business complex with three storefronts in Altus, Oklahoma.
      2300 E Broadway St, Altus, OK 73521
      View Details
    • $5,000,000
      121,124 SF

      85,453 SF Retail Center

      Retail center anchored by Dunham's Sports on 8.36 acres.
      1100-1121 N Main St, Altus, OK 73521
      View Details

    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      3.1k
    • Avg Time on site
      16 min
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    1503 Main St
    Altus, OK 73521-2144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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