For Sale
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Property summary
This exceptional 1,824 square foot commercial property, located at 17 E Carl Albert Parkway Unit 17 in McAlester, Oklahoma, presents a unique investment opportunity. Situated on a 0.17-acre lot in the heart of downtown, this space boasts high visibility and heavy traffic, ensuring a steady flow of potential customers. Ideal for retail or office use, the property benefits from its proximity to numerous restaurants and shopping destinations, further enhancing its appeal and accessibility. Recent upgrades significantly enhance the space's functionality and aesthetic appeal. These improvements include the installation of new hardwood and vinyl flooring throughout, a fresh coat of paint, updated electrical systems for optimal performance, brighter lighting to create a welcoming atmosphere, and new locks for enhanced security. Ample parking is available both at the front and rear of the building, providing convenient access for clients and employees. While currently available for lease, with lease expiration in December 2024, this property offers significant potential for immediate income generation and long-term growth. The vibrant community and strategic location make this an attractive proposition for discerning investors seeking a strong return on investment in a thriving market. The asking price is $189,000.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Spa & Massage Center Alternative Medicine Practice
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Counselor
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Health
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning