520 1st Ave Durant, OK 74701-4002
Property Lookup
Property profile & analytics
520 1st Ave Durant, OK 74701-4002
- Drive through restaurants
- 2,585 SF
Property ID
US69-2092281
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.
Location Intelligence
Current Use by Public Records
- Dairy Queen / Restaurant / Take-out & Catering
- Nick’s Burger / Restaurant
Property Details for 520 1st Ave
- Year built
- 1981
- Property size
- 2,585 SF
- Property type
- Drive through restaurants
- APN
- A001-00-106-007-0-000-00
- APU
- A00100106007000000
Description
This exceptional opportunity presents the chance to acquire a thriving, established restaurant in Durant, Oklahoma. Located at 520 N 1st Ave, this 2,585 square foot, single-story building sits on a 0.56-acre lot and is zoned for commercial use. Built in 1981, the property has undergone significant renovations both inside and out within the last two years, resulting in a modern and inviting atmosphere for patrons. The fully equipped kitchen boasts state-of-the-art appliances, ensuring efficient and effective food preparation. The restaurant enjoys a prime location on a major Durant thoroughfare, providing excellent visibility and ample parking. Financial performance has been consistently strong, demonstrating high profitability and a substantial gross net income. This turn-key operation offers immediate income potential and the benefit of a well-established customer base in a growing community. The asking price is $700,000, translating to $270.79 per square foot. This is a rare chance to own a successful, established business with significant upside potential. The property is ready for immediate operation, requiring no significant capital investment beyond the purchase price.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Durant
- County
- Bryan
- State
- Oklahoma
- Longitude
- -96.3744
- Latitude
- 33.9953
- CBSA code
- 20460
- CBSA name
- DURANT, 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
$4,670
$27,500
$22,000
$49,500
-
$250,003
$199,997
$450,000
