Property profile

220 Broadway St Altus, OK 73521

OFF-MARKET
Drive through restaurants
Property ID
US69-1702559
5,501 SF 1.2 ac lot Built 2007
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a substantial 9,545 square foot building located at 220 W Broadway Street in the thriving city of Altus, Oklahoma. The property is situated on a lot with no acreage specified, offering significant potential for a variety of commercial ventures. The asking price for this expansive building is $130,000, representing a compelling investment opportunity in a dynamic market. The building's substantial size provides ample space for a wide range of business uses, from retail and office spaces to light industrial operations or warehousing. Its location on West Broadway Street offers excellent visibility and accessibility, ensuring high traffic flow and potential customer reach. The property's specific layout and internal features are not detailed in the provided information, allowing for flexible adaptation to suit individual business needs and preferences. Further due diligence is recommended to fully assess the property's suitability for specific business plans. This is a rare chance to acquire a significant commercial property in Altus at an attractive price point. Interested parties are encouraged to act swiftly to secure this promising investment. The property is offered as-is. No further details regarding the property's condition or features are available at this time. Potential buyers are advised to conduct a thorough inspection before making an offer.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Total area 5,501 SF
Lot 1.2 ac (52,316 SF)
APN 0005-00-035-001-0-001-00
UPID US69-1702559

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Roofing Company General Contractor
  • Cafe & Coffee Shop

Location

220 Broadway St Altus, OK 73521-5504
Altus metro Census 968700 ALTUS, OK MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$720k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $1.0M +58.5%

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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