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    Property profile & analytics

    915 Main St Altus, OK 73521-3117

    • Retail space
    • 2,695 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Last Sale
    May 27, 2025
    $205,000
    Location Intelligence
    Property ID
    US69-1618472
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • J & K Aqua Massage / Massage Therapist
    • Altus Tanfastik Tanning Salon / Tanning Salon

    Property Details for 915 Main St

    Year built
    1980
    Lot size
    0.15 lot acres
    Property size
    2,695 SF
    Property type
    Retail space
    APN
    0365-00-015-004-0-000-00
    APU
    36500015004000000

    Description

    This exceptional 2,695 square foot commercial building at 915 N Main Street, Altus, OK presents a rare investment opportunity. Situated on a 0.15-acre lot in a prime business district, this property offers unparalleled versatility. The building's unique design features two completely separate units, each with its own private entrance, restroom, office space, and storage area. This dual-unit setup is perfect for entrepreneurs seeking to operate two distinct businesses under one roof, maximizing efficiency and minimizing overhead. Each unit's independent functionality allows for a wide range of business types, from retail to professional services. Alternatively, the adaptable layout allows for the seamless combination of both units into a single, larger space, providing flexibility to accommodate evolving business needs and expansion plans. The property's location in a high-traffic area ensures excellent visibility and accessibility for customers. The asking price for this exceptional investment property is $235,000. This is a truly unique opportunity to acquire a well-designed, strategically located commercial building with significant potential for growth and profitability. Don't miss out on this chance to secure a valuable asset in a thriving Oklahoma market. Schedule a viewing today to explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $135,000
      6.5%
      $150,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $140,000
      Geo Method
      $140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $125,000
      Retail
      $165,000
      Mixed-Use
      $150,000
      Hospitality
      $125,000
      Educational
      $125,000
      Residential Income
      $135,000
      Energy
      $165,000
      Income-Based Land
      $140,000
      Food Service
      $130,000

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.3343
    Latitude
    34.6469
    CBSA code
    11060
    CBSA name
    ALTUS, OK MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,501
    $2,347
    $26,990
    $29,337
    -
    $19,560
    $224,916
    $244,476

    Comparable in this City

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      3,560 SF

      709 Sutherland St

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      2,120 SF

      15625 Us Hwy 283

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      494 SF

      824 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 494 SF
      824 Broadway St, Altus, OK 73521
      View Details
    • Value Estimation by Request
      2,500 SF

      400 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      400 Broadway St, Altus, OK 73521-5536
      View Details

    Similar Nearby for Sale

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    915 Main St
    Altus, OK 73521-3117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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