2905 Jackson St Hugo, OK 74743-4048
This exceptional 2,880 square foot commercial property, situated on a highly visible 3-acre lot in Hugo, Oklahoma, presents a remarkable investment opportunity. Located directly on East Jackson Street, a major four-lane thoroughfare, this property boasts unparalleled exposure and accessibility for any business. The substantial road frontage extends to the rear of the property as well, offering significant flexibility in development and layout. The current owner is willing to consider selling a portion of the 3-acre lot, providing options for various business needs and scales. The existing building, currently utilized as an auto body shop and car lot, is spacious enough to accommodate multiple businesses simultaneously. Its adaptable design makes it ideal for a range of commercial ventures, including mini-warehouses, convenience stores, drive-thrus, or any enterprise requiring high visibility and convenient access. The property benefits from its location in a rapidly growing area of Hugo, experiencing consistent demand and promising future growth potential. This is a rare opportunity to acquire a prime commercial property in a thriving location. The asking price is $305,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.