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    Property profile & analytics

    3501 Main St Altus, OK 73521-9200

    • Turn key restaurants
    • 432 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    $790,000
    Location Intelligence
    Property ID
    US69-1521266
    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

    • Applebee's Grill + Bar / American Restaurant / Bar & Grill

    Property Details for 3501 Main St

    Year built
    2005
    Lot size
    1.09 lot acres
    Property size
    432 SF
    Property type
    Turn key restaurants
    APN
    0637-06-002-020-0-009-00
    APU
    63706002020000900

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3349
    Latitude
    34.6751
    CBSA code
    11060
    CBSA name
    ALTUS, OK MICROPOLITAN STATISTICAL AREA

    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
    $9,922
    $28,616
    $87,786
    $116,402
    -
    $238,465
    $731,554
    $970,019

    Comparable in this City

    • Value Estimation by Request
      3,230 SF

      Altus, OK 73521

      RESTAURANT • 3,230 SF
      Altus, OK 73521
      View Details
    • Value Estimation by Request
      1,961 SF

      1220 Broadway St

      RESTAURANT • 1,961 SF
      1220 Broadway St, Altus, OK 73521-4104
      View Details
    • Value Estimation by Request
      1,269 SF

      1200 Falcon Rd

      RESTAURANT • 1,269 SF
      1200 Falcon Rd, Altus, OK 73521-2967
      View Details
    • Value Estimation by Request
      2,852 SF

      609 Main St

      RESTAURANT • 2,852 SF
      609 Main St, Altus, OK 73521-3111
      View Details
    • Value Estimation
      $95,000
      2,472 SF

      1215 Broadway St

      RESTAURANT • 2,472 SF
      1215 Broadway St, Altus, OK 73521-5701
      View Details
    • Value Estimation
      $380,000
      4,335 SF

      Altus, OK 73521

      RESTAURANT • 4,335 SF
      Altus, OK 73521
      View Details

    Similar Nearby for Sale

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      Altus Restaurant - Turnkey Opportunity

      Established Mexican Restaurant, Great Income!
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    • $1,713,315
      4,854 SF

      Applebee's NNN Investment Opportunity

      NNN leased Applebee's with annual rent increases in Altus, OK.
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    • $225,000
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    • $5,000,000
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      Retail center anchored by Dunham's Sports on 8.36 acres.
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    • $1,250,000
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      Established Automotive Business with Real Estate

      Long-standing Altus business with inventory, assets, and real estate for sale.
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    • $225,000
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      Garage and Warehouse on Falcon

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    Altus, OK 73521-9200
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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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