524 Main St, Newkirk, OK 74647-6512
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.
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E-Z Mart Grocery & Convenience Store
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VP Racing Fuel Newpoint Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.