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    Property profile & analytics

    361 Main St Fairfax, OK 74637-3026

    • Retail space
    • 2,128 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 28, 2021
    $20,000
    Location Intelligence
    Property ID
    US69-1580197
    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

    • Retail space

    Property Details for 361 Main St

    Year built
    1991
    Lot size
    3.00 lot acres
    Property size
    2,128 SF
    Property type
    Retail space
    APN
    18677
    APU
    18677

    Description

    This expansive 6,008 square foot mixed-use building presents a unique investment opportunity in Fairfax, Oklahoma. Strategically located on a corner lot at 361 N Main Street, Unit 361, the property enjoys high visibility and ample parking across three combined lots. The building itself features three large interior rooms, perfectly suited for a variety of commercial ventures. Two walk-in cooler lockers and a beverage cooler/freezer are currently in place, remnants of its previous use as a fully licensed marijuana grow operation. Note that the grow equipment is not included in the asking price of $299,000 but is available for separate negotiation. The building is well-maintained, boasting a newer metal roof and updated HVAC systems, minimizing future maintenance costs. The three-acre lot provides significant space for expansion or outdoor activities related to the chosen business. Its prime location on Main Street, coupled with additional side street and ample parking, ensures high traffic and accessibility. This versatile property is ready for its next chapter, offering significant potential for a savvy investor or entrepreneur. The flexible layout and existing infrastructure make it ideal for a range of commercial uses.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Osage
    State
    Oklahoma
    Longitude
    -96.7047
    Latitude
    36.5746
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN 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
    $454
    $360
    $5,558
    $5,918
    -
    $3,000
    $46,314
    $49,314

    Comparable in this City

    • Value Estimation by Request
      1,610 SF

      115 Maple St

      RETAIL STORES (PERSONAL SERVICES) • 1,610 SF
      115 Maple St, Fairfax, OK 74637-1533
      View Details
    • Value Estimation
      $420,000
      2,766 SF

      64699 Us Hwy 60

      CONVENIENCE STORE • 2,766 SF
      64699 Us Hwy 60, Fairfax, OK 74637
      View Details
    • Value Estimation
      $495,000
      3,600 SF

      141 Main St

      CONVENIENCE STORE • 3,600 SF
      141 Main St, Fairfax, OK 74637
      View Details
    • Value Estimation by Request
      450 SF

      227 Main St

      BARBER, HAIR SALON • 450 SF
      227 Main St, Fairfax, OK 74637-3024
      View Details
    • Value Estimation
      $450,000
      8,255 SF

      Fairfax, OK 74637

      WHOLESALE OUTLET, DISCOUNT STORE • 8,255 SF
      Fairfax, OK 74637
      View Details
    • Value Estimation by Request
      2,400 SF

      161 2nd St

      COMMERCIAL (GENERAL) • 2,400 SF
      161 2nd St, Fairfax, OK 74637-2063
      View Details
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    361 Main St
    Fairfax, OK 74637-3026
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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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