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Property profile & analytics
FOR SALE
Commercial real estate

16446 NE 23Rd St Choctaw, OK 73020

1,907 SF 0.32 ac lot Built 1962
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US69-2408553
Property summary
AI-generated overview

This exceptional 1,543 square foot commercial office building is strategically located at 16446 NE 23rd Street in Choctaw, Oklahoma. Situated on a 0.32-acre lot, this property boasts a prime location directly off the heavily trafficked four-lane NE 23rd Street, ensuring high visibility and accessibility for potential clients. The building features three offices and two and a half bathrooms, providing ample space for a variety of businesses. Its versatile layout makes it suitable for a range of professional uses, including but not limited to CPA firms, boutiques, restaurants, or law offices. The property has been meticulously maintained and is in excellent condition. Its convenient location offers easy access to both downtown Choctaw and Harrah, providing a strategic advantage for businesses seeking a central location. The high volume of daily traffic on NE 23rd Street presents a significant opportunity for increased brand awareness and customer reach. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving area. The asking price is $250,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Construction FRAME
Total area 1,907 SF
Lot 0.32 ac (13,983 SF)
APN 19-777-1135
UPID US69-2408553
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
Current use
Occupant on record · Public records
  • Self-Service & Touchless Automatic Car wash Car Wash
  • Zoe Haskins, CPA, P.C. Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bel-man Investments LLC · 17 yrs held
Bel-man Investments LLC
since 2008
3 recorded transactions
2008
$104,000
2006
$60,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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