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Property profile & analytics
OFF-MARKET Estimated value $295,000
Office buildings

601 Broadway St Grove, OK 74344-3429

3,256 SF 1 ac lot Built 1981
Entity Owned ~ Est. High Equity
Property ID
US69-1672374
Property summary
AI-generated overview

This exceptional 3,256 square foot commercial building, located at 601 S Broadway St in Grove, Oklahoma, presents a unique investment opportunity. Built in 1981, this single-story structure sits on a 0.16-acre lot and boasts 17 parking spaces, ensuring ample convenience for clients and staff. Previously utilized as a medical practice, the property is ideally suited for continued medical use or adaptation to other professional office needs. The building's layout includes two reception areas, multiple exam rooms, and several versatile office spaces, offering flexibility for various configurations. The adaptable design allows for the potential separation into spaces for multiple businesses. The building is ADA compliant and features ceiling heights ranging from 8 to 10 feet. Its prime location in a high-traffic area of Grove ensures excellent visibility and accessibility. The property is in excellent condition and is move-in ready. A virtual tour is available online. Zoned for commercial use, this property offers a strong return on investment in a thriving Oklahoma community. The asking price is $385,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 3,256 SF
Lot 1 ac (43,560 SF)
APN 39448
UPID US69-1672374
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
  • Grand Lake Therapeutic Services Crisis Center Medical Clinic
  • Joseph Gelinas, APRN-CNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k
Owner & transaction history
Ers Properties LLC
Ers Properties LLC
since 2025
Last sale
$295,000
2 recorded transactions
2025
$295,000
2018
$135,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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