Property profile

1981 Cimmaron Rd Wilson, OK 73463

OFF-MARKET
Turn key restaurants
Property ID
US69-1815035
2,760 SF 1.78 ac lot Built 1985
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,760 square foot commercial property, situated on approximately 1.26 acres of land, presents a remarkable opportunity for entrepreneurs and investors alike. Ideally located off US-70 West just outside Wilson, Oklahoma, this C1 zoned building boasts high visibility and easy accessibility, ensuring maximum exposure for your business. Previously utilized as a restaurant, the property has undergone extensive recent renovations. These upgrades include a complete remodel of the bathrooms, featuring new fixtures, toilets, and plumbing. The concrete has been updated, and the interior boasts fresh paint and drywall. Electrical systems have been modernized, and a new aerobic system, hot water tank, roof, and gutters have been installed. Three HVAC units have also been recently serviced. The building further benefits from a large covered patio extending across two sides. The property's versatility allows for a wide range of commercial uses, from private office spaces and retail centers to other commercial ventures, subject to zoning and legal approvals. City water utilities are readily available. This property is being offered for sale, and the seller is open to negotiations and owner financing. There is also the possibility of a lease-to-own agreement. Furthermore, this property is available in conjunction with a separately listed RV park located next door, presenting a unique opportunity for additional income streams. This prime location offers an unparalleled chance to establish or expand your business in a high-traffic area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 2,760 SF
Lot 1.78 ac (77,537 SF)
APN 0000-31-04S-02W-1-001-00
UPID US69-1815035

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1981 Cimmaron Rd Wilson, OK 73463-7258
Wilson metro Census 892400 ARDMORE, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2023
Last sale
$130,000
4 recorded transactions
2023
$130,000
2022
$130,000
2018
Price N/A
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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