Property profile

801 Perkins Rd Stillwater, OK 74074

OFF-MARKET
Outlet malls
Property ID
US69-0804440
2,048 SF 0.24 ac lot Built 1965
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,048 square foot commercial property, located at 801 S Perkins Road in Stillwater, Oklahoma, presents a unique investment opportunity. Situated on a 0.24-acre lot on one of Stillwater's busiest thoroughfares, this property boasts unparalleled visibility and accessibility, placing it within easy reach of Oklahoma State University and the heart of the city. Completely renovated between 2020 and 2021, the property showcases high-end updates throughout, including modernized bathrooms with contemporary fixtures. The open floor plan maximizes space and functionality, while a convenient drive-thru garage window adds significant operational flexibility. Ample customer parking is available on-site, and the property offers the potential to develop an outdoor patio area or expand parking further. The property's strategic location, coupled with its recent high-quality renovations, makes it an ideal investment for a variety of commercial uses. The asking price is $419,900. This is a rare opportunity to acquire a turn-key commercial property in a thriving Oklahoma market. Don't miss out on this chance to own a piece of Stillwater's bustling commercial landscape.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1965
Total area 2,048 SF
Lot 0.24 ac (10,454 SF)
APN 600008295
UPID US69-0804440

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

801 Perkins Rd Stillwater, OK 74074-4733
Stillwater metro Census 10600 STILLWATER, OK MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2009
7 recorded transactions
2020
Price N/A
2019
Price N/A
2009
$131,500
2007
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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