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Property profile & analytics
FOR SALE
Turn key restaurants

15920 SE 29Th St Choctaw, OK 73020

5,493 SF 2.33 ac lot Built 1956
Individually Owned 6-yr Hold Free & Clear
Property ID
US69-0657486
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity in Choctaw, Oklahoma, is priced at $700,000. Situated on a spacious 2.04-acre lot at 15920 SE 29th St, 73020, this property boasts significant visibility with 270 feet of road frontage. The building includes all fixtures, furniture, and equipment (FF&E), presenting a seamless transition for a new owner. The ample parking lot provides 50 paved spaces for customer convenience. This location presents a compelling redevelopment opportunity for an ambitious restaurateur looking to establish or expand their business in a thriving community. The property's size and prominent location offer significant potential for growth and increased revenue. The existing infrastructure and included FF&E minimize upfront investment, allowing for a quicker return on investment. This is a rare chance to acquire a well-positioned restaurant property in a desirable Oklahoma market. The property is conveniently located in Oklahoma County, offering easy access to major transportation routes and a strong local customer base. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Construction WOOD FRAME
Total area 5,493 SF
Lot 2.33 ac (101,408 SF)
APN 19-465-0810
UPID US69-0657486
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
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
$856k
Blend (final) Blend
$630k
Owner & transaction history
Moghadam Sussan · 6 yrs held
Moghadam Sussan
since 2020
Last sale
$625,000
7 recorded transactions
2020
$625,000
2020
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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