1845 Choctaw St Tahlequah, OK 74464-3483
This exceptional 3-acre commercial property located at 1845 W Choctaw Street in Tahlequah, Oklahoma, presents a unique investment opportunity. The property boasts a substantial 6,000 square foot building currently under lease until October 2025. The tenant has expressed flexibility regarding the lease terms, offering potential buyers various options for future use. Situated in Cherokee County, Oklahoma, with a 74464 zip code, this property enjoys a prime location. The expansive lot size provides ample space for potential expansion or redevelopment, catering to a wide range of commercial ventures. The asking price for this strategically located property is $695,000. Given the existing lease and the significant lot size, this property represents a compelling investment with strong potential for future returns. The property is classified as Special Purpose Land and is categorized as Commercial, Other. Its geographical coordinates are 35.919263 latitude and -94.9994334 longitude. Serious inquiries are encouraged to explore the possibilities this property offers. The building's current lease provides immediate income potential while the land offers significant long-term growth opportunities. Don't miss this chance to acquire a substantial commercial property in a thriving Oklahoma community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.