313 6th St Mcalester, OK 74501-5403
- Office buildings
- 1,536 SF
- 0.17 lot acres
Current Use by Public Records
- Oklahoma Land and Home, LLC / Real Estate Agency
Property Details for 313 6th St
- Year built
- 1945
- Lot size
- 0.17 lot acres
- Property size
- 1,536 SF
- Property type
- Office buildings
- APN
- 0100-00-448-006-0-006-01
- APU
- 10000448006000601
Description
This centrally located McAlester office building, situated on a 0.16-acre lot at 313 S. 6th Street, 74501, presents a fantastic investment opportunity. Currently configured as a real estate office, this versatile space offers 6 enclosed rooms, an open waiting area, reception area, and a separate kitchen. A flexible open area, currently used as a children's play area, could easily be converted to additional office space or file storage. The building boasts ample desk space for up to 13 employees, including a dedicated conference room. Recent renovations include a new instant water heater, updated HVAC system, new walls, doors, and windows, creating private and functional workspaces. A detailed list of improvements is available upon request. The property includes 8 parking spaces, 4 in front and 4 in the back, enclosed within a privacy fence. A brick veneer storage building provides additional space for storage. High visibility is ensured by a prominent pole sign along 6th Street, a main thoroughfare leading to surrounding businesses. This location offers exceptional exposure and is ideal for a variety of uses, including insurance, retail, or daycare. The property is being sold due to the owner's desire to downsize and relocate closer to family.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $175,000
- 6.5%
- $165,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $190,000
- Mixed-Use
- $190,000
- Hospitality
- $185,000
- Educational
- $175,000
- Residential Income
- $155,000
- Energy
- $175,000
- Income-Based Land
- $150,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Mcalester
- County
- Pittsburg
- State
- Oklahoma
- Longitude
- -95.7637
- Latitude
- 34.9269
- CBSA code
- 32540
- CBSA name
- MCALESTER, OK MICROPOLITAN STATISTICAL AREA