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202 Main St Arcadia, OK 73007-9142

OFF-MARKET Flex space Google Maps
1,500 SF 0.39 ac lot Built 1938
Entity Owned 9-yr Hold ~ Est. High Equity
Estimated value (blended)
$120k
Range $108k – $132k (±10%)
Property ID US69-0029497

Property summary

AI-generated overview

This exceptional investment opportunity presents a prime 0.56-acre commercial lot situated at 202 N Main Street in the thriving town of Arcadia, Oklahoma. The property's strategic location on Main Street offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive 0.56-acre lot provides ample space for development, allowing for significant flexibility in design and functionality. Whether you envision a new retail establishment, a modern office building, or a mixed-use development, this property offers the canvas for your vision. Arcadia's growing community and robust local economy provide a strong foundation for success. The property's address on Main Street ensures high foot traffic and easy access for customers and employees. This is a rare chance to acquire a substantial commercial lot in a desirable location with significant upside potential. The asking price of $650,000 reflects the property's prime location and development potential. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Don't miss out on this chance to secure a piece of Arcadia's vibrant commercial landscape. The property is ready for immediate development, offering a streamlined path to realizing your commercial goals. This is a unique opportunity to establish a thriving business in a thriving community.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1938
Construction FRAME
Total area 1,500 SF
Lot 0.39 ac (16,814 SF)
APN 19-696-8040
UPID US69-0029497

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2016
6 recorded transactions
2016
$355,000
2010
Price N/A
2007
$165,000
2001
$70,000
1998
$27,000
1969
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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