204 Oklahoma Blvd Alva, OK 73717-2844
This exceptional investment opportunity presents a well-established auto shop located at 204 Oklahoma Blvd, Alva, OK 73717. The single-story, 1,134 square foot building sits on a 0.26-acre lot and was constructed in 1950. Currently operating at 100% occupancy, this property offers immediate income potential. The building features an office area and two garage bays, ideal for a variety of automotive services. Previously used as a gas station, the underground tanks have been removed, eliminating potential environmental concerns. A 12x10 shed, added in 2014, provides additional storage space. The property's location in Alva, Woods County, Oklahoma, offers convenient access to local traffic and a strong customer base. The asking price is $99,000, translating to $87.30 per square foot. This represents a compelling opportunity for investors seeking a profitable, established business in a stable market. The property is ready for immediate use and presents a strong return on investment.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.