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Property profile & analytics
FOR SALE
Office buildings
721 S George Nigh Expy McAlester, OK 74501
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0786581
For Sale
1 / 49
$735,000
721 S George Nigh Expy, McAlester, OK 74501
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Property summary
AI-generated overview
This exceptional newly renovated office space in McAlester, Oklahoma, offers a variety of suite options, ranging from 1,600 to nearly 5,000 square feet, perfect for businesses of all sizes. Located at 721 S George Nigh Unit 721, the property boasts a prime location with stunning golf course views. The building features ample parking for employees and clients, a convenient elevator, and is fully handicap accessible, ensuring inclusivity and ease of access for everyone. This is a full-service lease, meaning the owner covers all operating costs, providing tenants with a hassle-free and cost-effective work environment. To further sweeten the deal, a limited-time incentive of one month's free rent is being offered at the commencement of a new lease. The 4,292 square foot building offers a comfortable and productive workspace, ideal for companies seeking a modern and well-maintained office environment in a desirable location. The building's amenities and the owner's commitment to tenant satisfaction make this an unparalleled opportunity. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
6,212 SF
Lot
0.88 ac (38,115 SF)
APN
1512-00-000-046-0-046-20
UPID
US69-0786581
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
-
Rightway Medical McAlester Medical Clinic
-
Jinok Chung, D.O. Physician
-
Jennifer Kaye Brewer Physician
-
Aspire Home Care & Hospice Home Health Care Service
-
Shujahat Shah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Atlas Investments LLC · 2 yrs held
Atlas Investments LLC
since 2024
Last sale
$735,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs McAlester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McAlester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$735,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $735k (May 22 2024)
Last sale anchor
$735k
May 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$118 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,904
Tax year 2023
Assessed value
$136,274
Assessed 2023
Previous assessed
$136,274
+0.0% YoY
Effective rate
8.74%
On assessed value
Assessed land
$25,156
Assessed improvement
$111,118
Land market value
$228,690
Improvement market value
$1,010,164
Total market value
$1,238,854
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2008
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
6
Total area
6,212 SF
Lot
0.88 ac (38,115 SF)
APN
1512-00-000-046-0-046-20
UPID
US69-0786581
Jurisdiction
PITTSBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
6
Lot
0.88 ac
Current owner
From public records · entity-resolved
Atlas Investments LLC
Entity
Mailing address
PO BOX 1836, MCALESTER, OK 74502-1836
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2024
$735,000
Atlas Investments LLC
Spiritbank
Warranty Deed
$735,000 · First National Bank & Trust Co Mcal
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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