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Property profile & analytics
OFF-MARKET
Estimated value
$4,235,000
Strip malls
3100 Broadway St Poteau, OK 74953-5428
Individually Owned
1-yr Hold
Free & Clear
Property ID
US69-0875543
Property summary
AI-generated overview
This single-story, 36,000 square foot building at 3100 N Broadway St, Poteau, OK 74953, offers exceptional opportunities for businesses seeking retail, restaurant, or office space. Built in 2005 and renovated the same year, the Class B property features eight suites in total, with two currently vacant, each offering 2,000 square feet of contiguous space. The flexible layout is ideal for a variety of uses, including medical offices and traditional office spaces. The property boasts ample parking and high visibility, ensuring maximum exposure for your business. Located in a thriving area, this property benefits from high traffic counts and a strong local customer base. Property taxes are $1.22 per square foot. A drive-thru option may be possible. The building does not have elevators. Don't miss this chance to establish your business in a prime Poteau location. Contact us today to learn more about leasing opportunities.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
36,400 SF
Lot
3.81 ac (165,964 SF)
APN
Q500-11-07N-25E-0-014-00
UPID
US69-0875543
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Asian Star Restaurant
-
Sun Loan Company Loan Service
-
Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
-
Dollar Tree (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Hibbett Sports Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.24M
Owner & transaction history
Joseph William Neubauer · 1 yrs held
Joseph William Neubauer
since 2025
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Poteau submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poteau submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,095,000
ML approach
$4,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,325,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,275,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$4,915,000
Change: 0% · Conversion: Easy
RESTAURANT
$4,200,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,995,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.24M
Range $3.81M – $4.66M · ±10% · vs last sale $4.40M (May 6 2025)
Last sale anchor
$4.40M
May 6 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$116 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,166
Tax year 2023
Assessed value
$334,769
Assessed 2023
Previous assessed
$340,810
-1.8% YoY
Effective rate
9.01%
On assessed value
Assessed land
$147,412
Assessed improvement
$187,357
Land market value
$1,340,108
Improvement market value
$1,703,246
Total market value
$3,043,354
Applied tax rate
212.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
1
Bathrooms
3
Total area
36,400 SF
Lot
3.81 ac (165,964 SF)
APN
Q500-11-07N-25E-0-014-00
UPID
US69-0875543
Jurisdiction
LE FLORE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.3M
RETAIL STORES
Est. value
$4.9M
RESTAURANT
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$4.0M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
3
Lot
3.81 ac
Current owner
From public records · entity-resolved
Joseph William Neubauer
Individual
Free & Clear · 1 yrs held
Mailing address
4611 ROGERS AVE STE #201, FORT SMITH, AR 72903-3137
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
—
Joseph William Neubauer
Carolyn Neubauer
Deed
related
—
Feb 11, 2021
—
Broadway Investments Poteau LLC
Shoppes On Broadway LLC
Deed
related
—
Mar 5, 2020
—
Broadway Investments Poteau LLC
—
Deed
related
$3,520,000 · Arvest Bank
Jan 7, 2020
$4,400,000
Broadway Investments Poteau LLC
Shoppes On Broadway LLC
Warranty Deed
$3,520,000 · Arvest Bank
May 16, 2019
$360,000
Joseph W Neubauer
Spider Webb Farm Implements In
Warranty Deed
—
Sep 18, 2018
—
Shoppes On Broadway LLC
—
Deed
related
$1,919,002 · Simmons Bank
—
—
Shoppes On Broadway LLC
—
Loan Modification
related
$2,333,193 · Bank Of The Ozarks
—
—
Brg Dev LLC
—
Deed Of Trust
related
$1,980 · First National Bank Fort Smith
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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