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    Property profile & analytics

    216 1st St Heavener, OK 74937

    • Grocery and convenience stores
    • 650 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $12,215,000
    Last Sale
    Sep 08, 2020
    $11,890,510
    Location Intelligence
    Property ID
    US69-1388122
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tote-A-Poke / Convenience Store
    • Shell / Gas Station / Atm

    Property Details for 216 1st St

    Year built
    1982
    Lot size
    0.20 lot acres
    Property size
    650 SF
    Property type
    Grocery and convenience stores
    APN
    I001-00-027-000-0-001-00
    APU
    I00100027000000100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,260,000
      6.5%
      $12,300,000
      7%
      $13,100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,115,000
      Geo Method
      $9,950,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $10,425,000
      Retail
      $10,510,000
      Mixed-Use
      $13,360,000
      Hospitality
      $11,705,000
      Educational
      $10,570,000
      Residential Income
      $11,425,000
      Energy
      $9,675,000
      Income-Based Land
      $11,355,000
      Food Service
      $10,935,000

    Location Insight

    • Map
    • Local Demand
    City
    Heavener
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.6033
    Latitude
    34.8918
    CBSA code
    22900
    CBSA name
    FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,713
    $103,126
    $9,303
    $112,429
    -
    $937,512
    $84,574
    $1,022,086

    Comparable in this City

    • Value Estimation by Request
      1,952 SF

      Heavener, OK 74937

      GROCERY, SUPERMARKET • 1,952 SF
      Heavener, OK 74937
      View Details
    • Value Estimation by Request
      22,600 SF

      Heavener, OK 74937

      GROCERY, SUPERMARKET • 22,600 SF
      Heavener, OK 74937
      View Details
    • Value Estimation by Request
      288 SF

      51860 Haw Crk Rd

      CONVENIENCE STORE • 288 SF
      51860 Haw Crk Rd, Heavener, OK 74937-8500
      View Details
    • Value Estimation by Request
      800 SF

      501 1st St

      CONVENIENCE STORE • 800 SF
      501 1st St, Heavener, OK 74937-3203
      View Details
    • Value Estimation by Request
      1,394 SF

      Heavener, OK 74937

      CONVENIENCE STORE • 1,394 SF
      Heavener, OK 74937
      View Details
    • Value Estimation
      $3,210,000
      250 SF

      704 Hwy 59th N

      CONVENIENCE STORE • 250 SF
      704 Hwy 59th N, Heavener, OK 74937-2252
      View Details

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    216 1st St
    Heavener, OK 74937
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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