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    Property profile & analytics

    524 Main St Newkirk, OK 74647-6512

    • Grocery and convenience stores
    • 2,745 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Dec 30, 2020
    $275,000
    Location Intelligence
    Property ID
    US69-0421045
    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

    • E-Z Mart / Convenience Store
    • VP Racing Fuel Newpoint / Gas Station

    Property Details for 524 Main St

    Year built
    1978
    Lot size
    0.34 lot acres
    Property size
    2,745 SF
    Property type
    Grocery and convenience stores
    APN
    4000-00-063-009-0-000-00
    APU
    400000063009000000

    Description

    This profitable, owner-operated gas station and storefront, located at 524 S Main St, Newkirk, OK 74647, presents a unique investment opportunity. The property boasts 2,745 square feet on a 0.52-acre lot, including an additional 0.17-acre adjacent parcel. Built in 1978, the single-story building features six gas pumps, all compliant with OCC code, and three steel tanks (two E-10 and one diesel). The property includes pylon signage, an ATM generating additional income, coolers, and a small kitchen area equipped with a utility sink and a three-compartment sink. Twelve parking spaces cater to customer convenience. The property benefits from a high-traffic location on US Highway 77, with a reported 4,660 vehicles per day. The permitted commercial zoning allows for flexibility. The asking price is $669,999, with a lease option available at $4,000 per month. This strategically located gas station is just eight miles south of the Kansas border and fourteen miles north of Ponca City, OK. The property's prime corner location and ample parking contribute to its strong potential for continued success. This turnkey operation includes all necessary equipment for immediate operation.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $285,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $350,000
      Mixed-Use
      $300,000
      Hospitality
      $355,000
      Educational
      $290,000
      Residential Income
      $290,000
      Energy
      $300,000
      Income-Based Land
      $280,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Newkirk
    County
    Kay
    State
    Oklahoma
    Longitude
    -97.0531
    Latitude
    36.876
    CBSA code
    38620
    CBSA name
    PONCA CITY, 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
    $1,140
    $1,188
    $10,589
    $11,777
    -
    $10,800
    $96,266
    $107,066

    Comparable in this City

    • Value Estimation
      $80,000
      15,474 SF

      601 Ws St

      GROCERY, SUPERMARKET • 15,474 SF
      601 Ws St, Newkirk, OK 74647-5525
      View Details
    • Value Estimation
      $235,000
      4,104 SF

      205 Ws St

      CONVENIENCE STORE • 4,104 SF
      205 Ws St, Newkirk, OK 74647
      View Details
    • Value Estimation by Request
      2,050 SF

      110 Main St

      FINANCIAL BUILDING • 2,050 SF
      110 Main St, Newkirk, OK 74647-4512
      View Details
    • Value Estimation by Request
      6,464 SF

      525 Ws St

      GYM, HEALTH SPA • 6,464 SF
      525 Ws St, Newkirk, OK 74647-5523
      View Details
    • Value Estimation by Request
      20,371 SF

      Newkirk, OK 74647

      GYM, HEALTH SPA • 20,371 SF
      Newkirk, OK 74647
      View Details
    • Value Estimation
      $390,000
      8,324 SF

      106 Main St

      FINANCIAL BUILDING • 8,324 SF
      106 Main St, Newkirk, OK 74647-4512
      View Details

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    524 Main St
    Newkirk, OK 74647-6512
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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