23785 Hwy 100 Welling, OK 74471-2230
- Grocery and convenience stores
- 3,110 SF
- 0.49 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 23785 Hwy 100
- Year built
- 1990
- Lot size
- 0.49 lot acres
- Property size
- 3,110 SF
- Property type
- Grocery and convenience stores
- APN
- 0000-20-15N-23E-0-042-00
- APU
- 00002015N23E004200
Description
This thriving convenience store, located at 23785 Hwy 100 Unit 23785 in Welling, Oklahoma, presents a unique investment opportunity. Boasting 3,110 square feet on a 0.49-acre lot, this turnkey operation benefits from a prime location with high traffic counts and a loyal customer base. Its proximity to Lake Tenkiller ensures a consistent stream of seasonal and local clientele. The sale includes existing inventory, providing a seamless transition for the new owner. The business is well-established, demonstrating a proven track record of success. This is a fantastic chance to acquire a profitable, established business in a desirable area. The property's strategic location near Lake Tenkiller offers significant potential for growth and expansion. Furthermore, an adjacent residential property is also available for purchase, presenting an attractive option for owner-occupancy or additional rental income. This combined offering provides a rare opportunity to acquire both a successful commercial venture and a complementary residential property in a single transaction. The asking price for the convenience store is $220,000. Detailed financial records are available upon request. Don't miss this chance to own a piece of Welling's thriving commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $205,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $210,000
- Mixed-Use
- $250,000
- Hospitality
- $190,000
- Educational
- $190,000
- Residential Income
- $250,000
- Energy
- $245,000
- Income-Based Land
- $250,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Welling
- County
- Cherokee
- State
- Oklahoma
- Longitude
- -94.8812
- Latitude
- 35.7642
- CBSA code
- 45140
- CBSA name
- TAHLEQUAH, OK MICROPOLITAN STATISTICAL AREA