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Property profile & analytics
OFF-MARKET
Drive through restaurants

520 1st Ave Durant, OK 74701-4002

2,585 SF Built 1981
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US69-2092281
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1981
Total area 2,585 SF
APN A001-00-106-007-0-000-00
UPID US69-2092281
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
Current use
Occupant on record · Public records
  • Dairy Queen Restaurant Take-out & Catering
  • Nick’s Burger Restaurant
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
Skvr Enterprises LLC · 1 yrs held
Skvr Enterprises LLC
since 2025
Last sale
$450,000
5 recorded transactions
2025
$675,000
2022
$450,000
2020
Price N/A
2019
Price N/A
2019
$325,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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