Technical
Financial
Distress signals
Property profile

894 S Mississippi Ave Atoka, OK 74525

FOR SALE
Retail space
Property ID
US69-1944725
4,000 SF 0.74 ac lot Built 1967
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 894 S Mississippi Avenue in Atoka, Oklahoma, presents a unique investment opportunity. Boasting 6,000 square feet on a 0.74-acre lot, this property enjoys a prime location directly on Highway 69, ensuring high visibility and easy access for customers. Its strategic placement offers excellent exposure within the rapidly developing town of Atoka, just minutes from the downtown area. Currently leased to a furniture store and a tanning salon, this versatile property offers multiple potential uses, catering to a wide range of businesses. The building's air conditioning system was recently updated last year, ensuring efficient and comfortable operation. This property represents a significant investment opportunity in a thriving community, allowing businesses to capitalize on Atoka's growth trajectory. The substantial size and prime location make this a rare find in the Atoka commercial real estate market. The asking price is $1,800,000. This property is ready for a new owner to continue its success or to implement their own vision. Don't miss this chance to own a piece of Atoka's vibrant commercial landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Total area 4,000 SF
Lot 0.74 ac (32,234 SF)
APN 0000-15-02S-11E-4-035-00
UPID US69-1944725

Cap rate & NOI

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

Location

894 S Mississippi Ave Atoka, OK 74525
Atoka metro Census 587700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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