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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

371041 960th Rd Welty, OK 74833-3929

96 SF Built 1980
Entity Owned Absentee Owner Free & Clear
Property ID
US69-1927273
Property summary
AI-generated overview

This exceptional mixed-use property in Castle, Oklahoma, presents a unique investment opportunity. Located at 371041 E 960 Road Unit 371041, this well-established business boasts a loyal customer base, having served as the community's central hub for years. The property encompasses a substantial 2,676 square feet situated on a 0.08-acre lot. The main building houses a thriving country store and cafe, fully equipped with ample shelving, gas pumps, and extensive storage space. The cafe features a large dining area and a fully functional kitchen, complete with refrigerators, freezers, a fryer, a grill, large sinks, and other essential commercial kitchen equipment. Adding to its versatility, an attached apartment offers significant potential. This space could generate additional rental income, serve as extra storage, or provide convenient owner-occupied housing. The asking price for this turnkey operation is $169,000. This property represents a rare chance to acquire a profitable, established business with significant upside potential in a close-knit community. The property's strategic location and existing customer base make it an attractive investment for both seasoned entrepreneurs and first-time business owners. Don't miss this opportunity to own a piece of Castle's history and future.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1980
Construction FRAME
Total area 96 SF
APN 0601-00-002-001-0-001-00
UPID US69-1927273
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
GIBSON, LESLIE W FAMILY TRUST
GIBSON, LESLIE W FAMILY TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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