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    601 E Main St Weatherford, OK 73096

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    601 E Main St Weatherford, OK 73096

    View on Map
    • Drive through restaurants
    • 3,176 SF
    • 0.40 lot acres
    For Sale
    $1,200,000
    View Listing →
    Weatherford Restaurant Building For Sale For Sale
    $1,200,000
    3,176 SF

    Weatherford Restaurant Building For Sale

    3,024 SF restaurant building with drive-thru, built in 2018.

    601 E Main St, Weatherford, OK
    View Listing
    Property ID
    US69-1348756
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chicken Express / Restaurant / Take-out & Catering
    • El Tio Birria De Res / Food Processing Plant

    Property Details for 601 E Main St

    Year built
    2018
    Lot size
    0.40 lot acres
    Property size
    3,176 SF
    Property type
    Drive through restaurants
    APN
    0701-00-000-0E7-0-000-00
    APU
    0701000000E7000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $755,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Custer
    State
    Oklahoma
    Longitude
    -98.7006
    Latitude
    35.5263
    CBSA code
    48220
    CBSA name
    WEATHERFORD, 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
    $7,465
    $11,000
    $65,201
    $76,201
    -
    $100,000
    $592,735
    $692,735

    Comparable in this City

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      2,904 SF

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    • Value Estimation by Request
      1,078 SF

      208 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,078 SF
      208 Main St, Weatherford, OK 73096-5139
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    • Value Estimation by Request
      2,448 SF

      905 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,448 SF
      905 Main St, Weatherford, OK 73096-5641
      View Details
    • Value Estimation
      $665,000
      2,160 SF

      201 Washington St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,160 SF
      201 Washington St, Weatherford, OK 73096-5777
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    • Value Estimation by Request
      287 SF

      500 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 287 SF
      500 Main St, Weatherford, OK 73096-5348
      View Details
    • Value Estimation by Request
      488 SF

      1009 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 488 SF
      1009 Main St, Weatherford, OK 73096-5743
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,176 SF

      Weatherford Restaurant Building For Sale

      3,024 SF restaurant building with drive-thru, built in 2018.
      601 E Main St, Weatherford, OK 73096
      View Details
    • $1,750,000
      16,000 SF

      High-Visibility Commercial Building on I-40

      16,000 sq ft building on 5 acres with I-40 visibility.
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    • $1,750,000
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      Weatherford Commercial Property with I-40 Visibility

      16,000 sq ft commercial building on 5 acres near I-40.
      23894 S Frontage Rd, Weatherford, OK 73096
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      Weatherford Retail Land Opportunity

      5.43-acre retail land with I-40 frontage in Weatherford, Oklahoma.
      140 Frontage Rd, Weatherford, OK 73096
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    • $1,750,000
      16,000 SF

      Weatherford Commercial Opportunity For Sale

      High-visibility 16,000 sq ft building near I-40.
      23894 S Frontage Rd, Weatherford, OK 73096
      View Details
    • Contact for pricing
      7,380 SF

      Retail Space Available For Sale

      7,380 SqFt retail space for sale.
      1333 E Main St, Weatherford, OK 73096
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,972 SF

      Weatherford Retail Space For Lease

      Retail space available with drive-thru potential in Weatherford, OK.
      1301-1307 E Main St, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Former Restaurant with Drive-Thru

      2,584 SF restaurant space with drive-thru in Weatherford, OK.
      1009 E Main St, Weatherford, OK 73096
      View Details
    • Contact for pricing
      2,752 SF

      Drive-Thru Restaurant Sublease Opportunity

      Sublease opportunity with drive-thru in main retail corridor.
      925 E Main St, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Restaurant with Drive-Thru in Weatherford

      2,752 SF restaurant with drive-thru in Weatherford's retail corridor.
      925 E Main St, Weatherford, OK 73096
      View Details
    • $16 SF/Yr

      High-Visibility Retail Space For Rent

      Retail space with high-visibility frontage along I-40.
      25254 S Frontage Rd, Weatherford, OK 73096
      View Details
    • Contact for pricing
      5,000 SF

      Prime Retail Outlots and Development

      Outlots and future development near Walmart and I-40.
      1349 E Eagle Rd, Weatherford, OK 73096
      View Details
    View Listing
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    601 E Main St
    Weatherford, OK 73096
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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