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Property profile & analytics
OFF-MARKET
Retail space

361 Main St Fairfax, OK 74637-3026

2,128 SF 3 ac lot Built 1991
Entity Owned 4-yr Hold Free & Clear
Property ID
US69-1580197
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1991
Total area 2,128 SF
Lot 3 ac (130,680 SF)
APN 18677
UPID US69-1580197
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hudson Rover LLC · 4 yrs held
Hudson Rover LLC
since 2021
Last sale
$20,000
1 recorded transaction
2021
$20,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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