Property profile

427 Carl Albert Pkwy Mcalester, OK 74501

OFF-MARKET
Individual retail properties
Property ID
US69-0819248
78 SF 0.4 ac lot Built 1930
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,854 square foot retail property, located at 427 W Carl Albert Parkway Unit 427, McAlester, OK, presents a unique investment opportunity. Situated on a 0.4-acre lot, this established hair salon boasts eight hair cutting stations, four hair washing stations, six hair dryers, dedicated areas for massage, nail services, and waxing. The property also includes a convenient washer and dryer, a small kitchen, ample storage for supplies, a client waiting area with shelving, a retail checkout counter, a restroom, and extensive shelving throughout. The building features a handicap-accessible entrance with handrails and abundant parking in front, to the left, and at the rear of the building. The seller owns an adjacent lot providing additional parking. This turnkey business is ready for immediate operation, offering a fully functional space for a new owner. Alternatively, the structure could be removed to allow for the construction of a new business. The property is conveniently located on West Carl Albert Parkway (Highway 270), offering excellent visibility and accessibility in McAlester. This is a rare opportunity to acquire a well-established business or develop a new venture in a prime location. The asking price is $118,900.

Property profile

Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1930
Total area 78 SF
Lot 0.4 ac (17,500 SF)
APN 0100-00-314-006-0-006-01
UPID US69-0819248

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

427 Carl Albert Pkwy Mcalester, OK 74501-4420
Mcalester metro Census 486200 MCALESTER, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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