Property profile

2719 Main St Mcalester, OK 74501

OFF-MARKET
Grocery and convenience stores
Property ID
US69-0728004
960 SF 0.26 ac lot Built 1993
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This turnkey convenience store and gas station, located at 2719 N Main St, McAlester, OK 74501, presents a compelling investment opportunity. The 1,728 square foot building, constructed in 1993, sits on an 11,136 square foot lot and boasts 100% occupancy. The property includes five gas pumps under a lighted canopy, providing significant revenue potential. The store features a functional kitchen area, currently utilized for pizza preparation and other hot food items. Recent improvements include new flooring and updated air conditioning. Seven parking spaces are available for customer convenience. All existing inventory is included in the asking price of $400,000 ($231.48/sq ft), excluding gasoline which is purchased on a usage basis. This established business, known locally as the Polar Bear Store, has a long history of success in the north McAlester area. The owner is selling to pursue other ventures, making this a rare chance to acquire a profitable, established business. A detailed equipment list is available upon request. This is a single-story building on a single lot.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1993
Total area 960 SF
Lot 0.26 ac (11,136 SF)
APN 0105-00-085-006-0-A06-00
UPID US69-0728004

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
  • Gas Station
  • Grocery & Convenience Store Food Market
  • Atm

Location

2719 Main St Mcalester, OK 74501-2627
Mcalester metro Census 486200 MCALESTER, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2010
2 recorded transactions
2019
Price N/A
2010
$300,000

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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