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Property profile & analytics
OFF-MARKET
Retail space

720 Main St Altus, OK 73521-3114

2,542 SF 0.16 ac lot Built 1970
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-1361087
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,542 square foot commercial building ideally situated at 720 N Main Street in Altus, Oklahoma. The property occupies a highly visible corner lot, measuring 0.16 acres, ensuring maximum exposure to a substantial volume of daily traffic. The building itself features a spacious storefront with large display windows, perfect for showcasing merchandise or services. A convenient breezeway connects the storefront to the interior, leading to a well-appointed display room complete with built-in cabinets for efficient product organization. Beyond the display area, the property includes dedicated office space, providing a professional environment for administrative tasks and client meetings. Ample storage space is also available, catering to various inventory or equipment needs. The building is further enhanced by the inclusion of restroom facilities for both staff and customers. This versatile property is well-suited for a wide range of commercial uses and represents a strong investment opportunity in a thriving Altus location. The asking price for this turnkey commercial property is $350,000. This is a rare opportunity to acquire a well-maintained, high-visibility commercial building in a desirable location. Don't miss out on this chance to establish or expand your business in a prime Altus setting.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Total area 2,542 SF
Lot 0.16 ac (7,013 SF)
APN 0235-00-014-006-0-000-00
UPID US69-1361087
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
  • TRPZ Bud Boutique Alternative Medicine Practice
  • Terra Roja Pharmz Bud Boutique Alternative Medicine Practice
  • Fumoso 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
R Scot Simco · 5 yrs held
R Scot Simco
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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