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    Property profile & analytics

    16828 Us Hwy 283 Altus, OK 73521-7917

    • Office buildings
    • 704 SF
    • 15.03 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US69-1493580
    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

    • Office buildings

    Property Details for 16828 Us Hwy 283

    Year built
    1940
    Lot size
    15.03 lot acres
    Property size
    704 SF
    Property type
    Office buildings
    APN
    0000-08-01N-20W-0-008-00
    APU
    00000801N20W000800

    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
    -99.3329
    Latitude
    34.5743
    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
    $3,692
    $18,720
    $24,591
    $43,311
    -
    $156,000
    $204,921
    $360,921

    Comparable in this City

    • Value Estimation by Request
      2,448 SF

      Altus, OK 73521

      OFFICE BUILDING • 2,448 SF
      Altus, OK 73521
      View Details
    • Value Estimation by Request
      524 SF

      1004 Main St

      OFFICE BUILDING • 524 SF
      1004 Main St, Altus, OK 73521
      View Details
    • Value Estimation by Request
      998 SF

      710 Main St

      OFFICE BUILDING • 998 SF
      710 Main St, Altus, OK 73521-3114
      View Details
    • Value Estimation by Request
      570 SF

      1905 Broadway St

      OFFICE BUILDING • 570 SF
      1905 Broadway St, Altus, OK 73521-5805
      View Details
    • Value Estimation by Request
      2,400 SF

      505 Broadway St

      OFFICE BUILDING • 2,400 SF
      505 Broadway St, Altus, OK 73521
      View Details
    • Value Estimation by Request
      4,979 SF

      601 Main St

      OFFICE BUILDING • 4,979 SF
      601 Main St, Altus, OK 73521-3111
      View Details

    Similar Nearby for Sale

    • $319,000
      2,415 SF

      Altus Office Building - Great Location

      Remodeled Office Building with Ample Parking
      1904 Broadway St, Altus, OK 73521
      View Details
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      2,542 SF

      High-Traffic Altus Investment Property

      Prime Altus location, 2,542 sq ft, high visibility.
      720 Main St, Altus, OK 73521
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    • $600,000
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      High-Traffic Altus Corner Lot Investment

      Prime Altus location, former convenience store & gas station.
      1120 Falcon Rd St, Altus, OK 73521
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    • $190,000

      Prime Altus Corner Lot Investment

      High-potential commercial property near Air Force Base.
      2421 Falcon Rd, Altus, OK 73521
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    • $922,000
      4.96 Acres

      Altus Hwy 283 Commercial Land

      Prime Altus location, high visibility, development potential.
      3306 Main St, Altus, OK 73521
      View Details
    • $319,000
      0.92 Acres

      Altus Commercial Property: Prime Location

      0.92-acre lot, remodeled building, ample parking.
      1904 Broadway St, Altus, OK 73521
      View Details
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    16828 Us Hwy 283
    Altus, OK 73521-7917
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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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