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    Property profile & analytics

    224 Falcon Rd Altus, OK 73521-2512

    • Retail space
    • 6,600 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 17, 2022
    Location Intelligence
    Property ID
    US69-1622531
    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

    • Sherwin-Williams Paint Store / Paint Store / Home Improvement Store

    Property Details for 224 Falcon Rd

    Year built
    1977
    Lot size
    0.20 lot acres
    Property size
    6,600 SF
    Property type
    Retail space
    APN
    0010-00-006-002-0-001-00
    APU
    1000006002000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3315
    Latitude
    34.65
    CBSA code
    11060
    CBSA name
    ALTUS, OK MICROPOLITAN 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
    $1,744
    $3,155
    $17,305
    $20,460
    -
    $26,289
    $144,206
    $170,495

    Comparable in this City

    • Value Estimation by Request
      6,710 SF

      805 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,710 SF
      805 Main St, Altus, OK 73521-3115
      View Details
    • Value Estimation by Request
      2,376 SF

      1121 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,376 SF
      1121 Main St, Altus, OK 73521-3121
      View Details
    • Value Estimation by Request
      6,250 SF

      106 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,250 SF
      106 Main St, Altus, OK 73521-3102
      View Details
    • Value Estimation by Request
      5,000 SF

      608 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      608 Main St, Altus, OK 73521-3112
      View Details
    • Value Estimation by Request
      1,604 SF

      15835 Us Hwy 283

      RETAIL STORES (PERSONAL SERVICES) • 1,604 SF
      15835 Us Hwy 283, Altus, OK 73521-8372
      View Details
    • Value Estimation by Request
      1,080 SF

      113 Walker St

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      113 Walker St, Altus, OK 73521
      View Details

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      Altus Restaurant - Turnkey Opportunity

      Established Mexican Restaurant, Great Income!
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      Applebee's NNN Investment Opportunity

      NNN leased Applebee's with annual rent increases in Altus, OK.
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    • $225,000
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      Garage and Warehouse on Falcon

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    224 Falcon Rd
    Altus, OK 73521-2512
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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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