1005 Main StKingfisher, OK 73750

  • Retail properties
  • 1,250 SF
For Sale
$925,000 View listing

Property Details for 1005 Main St

Year built
1981
Lot size
0.34 AC
Property size (Sq ft)
1,250 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
1165-00-106-000-0-000-00
APU
116500106000000000

Description

This exceptional investment opportunity presents a well-maintained 3,050 square foot convenience store and gas station located at 1005 S Main St, Kingfisher, OK 73750. Built in 1981 and situated on a 15,001 square foot lot, this property boasts high visibility and accessibility, making it ideal for capturing significant customer traffic. The property features two gas pumps and a versatile layout suitable for a variety of retail or vehicle-related businesses. Its established presence in the thriving Kingfisher market offers a prime opportunity for either establishing a new business or expanding an existing one. The asking price is $925,000, representing a compelling investment for owner-users seeking a strong return. This turnkey operation is ready for a new owner to capitalize on its established customer base and prime location. The property's strategic positioning on S Main St ensures high visibility and easy access for customers. The well-maintained building provides ample space for retail operations and storage, offering flexibility for various business models. This is a rare opportunity to acquire a profitable business in a desirable location with significant growth potential. Don't miss out on this chance to own a thriving convenience store and gas station in Kingfisher, Oklahoma.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $288,098
    6.5%
    $265,937
    7%
    $246,942
  • Comparable approach

    Method
    Valuation
    Relative Method
    $379,008
    Geo Method
    $379,008
  • Alternative Use

    Use
    Valuation
    Residential
    $224,328
    Hospitality
    $205,483
    Educational
    $170,960
    Medical
    $176,839
    Retail
    $265,937
1005 Main St, Kingfisher, Oklahoma

Location Insight

City
Kingfisher
County
Kingfisher
State
Oklahoma
Latitude
35.8513
Longitude
-97.9321

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
$2,712
$6,600
$25,248
$31,848
-
$60,000
$229,525
$289,525

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