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Property profile & analytics
FOR SALE
Medical Office Space

700 S Main St Grove, OK 74344

2,464 SF 1 ac lot Built 1971
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-1538249
Property summary
AI-generated overview

This 2,464 sq ft single-tenant medical office building in Grove, Oklahoma, is perfectly situated in the heart of Grand Lake's primary retail and professional corridor, boasting excellent visibility on S Main St/Hwy 10 (14,400 cars daily). Built in 1971 and completely renovated in 2024, the property features a spacious reception area, a front office, nurse station, multipurpose room, and ample storage. Ten exam rooms, each equipped with a sink, and two private restrooms provide ample space for a variety of medical practices. The building benefits from a brand new, zoned central heating and air-conditioning system. A prominent monument sign ensures high visibility, and the property includes its own parking lot. The building's convenient location offers easy access to Integris Hospital, Walmart, Lowe's, Harps Food Stores, Walgreens, Taco Bell, Sonic, and Starbucks. Zoned commercial, this property is offered as a NNN lease, with the tenant responsible for property taxes, insurance, rent, utilities, maintenance, and landscaping. This presents an exceptional opportunity for establishing a new practice or relocating an existing one to a thriving community in a high-growth area. Grove, Oklahoma, a vibrant city on Grand Lake O' the Cherokees, serves as the economic and cultural center of the region, attracting visitors year-round for its diverse recreational opportunities. The property is located at 700 S Main St, Grove, OK 74344, near the intersection of 7th Street, in Delaware County.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Construction FRAME
Total area 2,464 SF
Lot 1 ac (43,560 SF)
APN 39400
UPID US69-1538249
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
  • Rapid Remedy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mindy Properties LLC · 2 yrs held
Mindy Properties LLC
since 2023
Last sale
$270,000
1 recorded transaction
2023
$270,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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