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    Property profile & analytics

    305 3rd St Grove, OK 74344-3205

    • Drive through restaurants
    • 1,231 SF
    • 4.00 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US69-1623416
    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

    • Donut Palace / Donut Shop

    Property Details for 305 3rd St

    Year built
    1977
    Construction
    CONCRETE BLOCKS
    Lot size
    4.00 lot acres
    Property size
    1,231 SF
    Property type
    Drive through restaurants
    APN
    39691
    APU
    39691

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $235,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $265,000
      Mixed-Use
      $215,000
      Hospitality
      $225,000
      Educational
      $275,000
      Residential Income
      $275,000
      Energy
      $235,000
      Income-Based Land
      $250,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Grove
    County
    Delaware
    State
    Oklahoma
    Longitude
    -94.7735
    Latitude
    36.5939

    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
    $2,487
    $17,551
    $12,829
    $30,380
    -
    $152,618
    $111,555
    $264,173

    Comparable in this City

    • Value Estimation
      $400,000
      2,985 SF

      501 3rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,985 SF
      501 3rd St, Grove, OK 74344-3230
      View Details
    • Value Estimation
      $460,000
      4,323 SF

      209 3rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,323 SF
      209 3rd St, Grove, OK 74344-3203
      View Details
    • Value Estimation
      $235,000
      5,400 SF

      2 3rd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,400 SF
      2 3rd St, Grove, OK 74344-3223
      View Details
    • Value Estimation
      $840,000
      3,113 SF

      1621 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,113 SF
      1621 Main St, Grove, OK 74344-5333
      View Details
    • Value Estimation
      $395,000
      2,038 SF

      2200 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,038 SF
      2200 Main St, Grove, OK 74344-5328
      View Details
    • Value Estimation
      $470,000
      3,976 SF

      Grove, OK 74344

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,976 SF
      Grove, OK 74344
      View Details

    Similar Nearby for Sale

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      6,400 SF

      Main Street Commercial Property, Grove OK

      Exceptional commercial property on Main Street in Grove, Oklahoma.
      212 S Main St, Grove, OK 74344
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      1,740 SF

      Grove Commercial Building on Highway

      Commercial building with frontage on Hwy 59, suitable for various uses.
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    • $199,000
      2,564 SF

      Commercial Property in Grove, OK

      Bar/Restaurant property with ample space and business potential.
      26601 S 655 Rd, Grove, OK 74344
      View Details
    • $675,000
      2.80 Acres

      Grove Retail Property - Highway Frontage

      Prime 6,500 SF retail space on 2.8 acres.
      29060 647 Rd, Grove, OK 74344
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    • $925,000
      5,000 SF

      Commercial Property with Highway Frontage

      2.98-acre commercial property featuring retail, storage, and shop space.
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    • $198,600
      0.30 Acres

      Established Auto Shop Near Waterfront

      Thriving auto shop near the water's edge in Grove, OK.
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      View Details
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    305 3rd St
    Grove, OK 74344-3205
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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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