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Property profile & analytics

524 Dawson St Meeker, OK 74855

  • Turn key restaurants
  • 300 SF
  • 2.50 lot acres
For Sale
Last Sale
Jan 25, 2023
$600,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US69-0314030
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.

Current Use by Public Records

  • Ladonna's Grill / American Restaurant

Property Details for 524 Dawson St

Year built
1998
Lot size
2.50 lot acres
Property size
300 SF
Property type
Turn key restaurants
APN
4515-00-000-000-4-038-00
APU
451500000000403800

Description

This exceptional opportunity encompasses a well-established, rustic restaurant in Meeker, Oklahoma, currently operating under a four-year lease at $5,500 per month. The sale includes the thriving business, all existing equipment, and the substantial 4,000 square foot building situated on a spacious 2.5-acre lot. The restaurant boasts attractive dГ©cor and a reputation for high-quality food, featuring ample seating capacity and significant potential for future expansion. The property offers extensive parking, with ample room for additional structures if desired. The building's layout is thoughtfully designed. Upon entry, a central lobby with a host podium welcomes guests, leading to comfortable waiting areas and restrooms. The main dining area features numerous tables, chairs, and bench seating, enhanced by strategically placed televisions. A secondary seating area presents versatility, potentially adaptable into a sports bar or other themed space. The expansive kitchen is fully equipped with ample storage, walk-in refrigerators and freezers, dedicated food preparation areas, cooking and drink stations, dishwashing facilities, and extensive equipment. Additional features include a large office and a comprehensive security system. Financial documents are available upon request. This turnkey operation presents a rare chance to acquire a profitable business, complete with building and land, in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $650,000
    ML approach
    $595,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $591,000
    Market price range: $305k - $592k
  • Alternative Use

    Use
    Estimation
    RESTAURANT
    $455,000
    Current use
    OFFICE BUILDING
    $455,000
    Change: -1% Conversion: Moderate
    RETAIL STORES
    $405,000
    Change: -11% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Meeker
County
Lincoln
State
Oklahoma
Longitude
-96.8951
Latitude
35.4966
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN 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
2022
$3,099
$9,220
$29,417
$38,637
-
$90,759
$289,568
$380,327
More about this property
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