615 Central Blvd Anadarko, OK 73005-3623
- Gas stations
- 2,700 SF
- 0.69 lot acres
Current Use by Public Records
- Phillips 66 / Gas Station / Diesel Fuel Supplier
Property Details for 615 Central Blvd
- Year built
- 1960
- Lot size
- 0.69 lot acres
- Property size
- 2,700 SF
- Property type
- Gas stations
- APN
- 0040-15-066-014-3-006-00
- APU
- 4015066014300600
Description
This exceptional turnkey opportunity encompasses a thriving gas station and auto shop in Anadarko, Oklahoma, boasting annual sales between $2.1 million and $2.2 million. The 2,700-square-foot property sits on a 1.2-acre lot with eight gas pumps and includes three additional undeveloped parcels. Located on a signalized corner with high visibility on Central Blvd (Highway 62) and 7th St, the property benefits from approximately 22,650 vehicles per day. The business features a strong sales history, with a gas station averaging $2.1-$2.2 million annually (reaching $2.8 million in 2022) and the quick lube shop averaging $300,000 annually. The sale includes all business assets, real estate, and inventory, ensuring a seamless transition. The property's strategic location near Anadarko High School, a Walmart Supercenter, and other retail establishments, along with proximity to a hospital and hotels, contributes to its strong performance. The current commercial zoning allows for expansion opportunities, such as adding a car wash or partnering with local businesses. This presents a significant value-add opportunity with potential for long-term appreciation and equity build-up. The fuel supplier is ASAP general. The property is offered at $800,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $320,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $340,000
- Mixed-Use
- $390,000
- Hospitality
- $410,000
- Educational
- $415,000
- Residential Income
- $370,000
- Energy
- $405,000
- Income-Based Land
- $385,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Anadarko
- County
- Caddo
- State
- Oklahoma
- Longitude
- -98.2344
- Latitude
- 35.0729