528 Choctaw AveChickasha, OK 73018

  • Commercial real estate
  • 1,200 SF
For Sale
$399,999 View listing

Property Details for 528 Choctaw Ave

Year built
1940
Lot size
0.23 AC
Property size (Sq ft)
1,200 SF
Property type
Commercial real estate
APN
C001-00-032-011-0-000-00
APU
C00100032011000000

Description

This exceptional owner-user opportunity presents a 2,727-square-foot storefront located at 528 W Choctaw Ave in Chickasha, Oklahoma. The property, built in 1940, is classified as Class C and sits on a 10,000-square-foot lot (approximately 0.23 acres). The asking price is $399,999, translating to $155.85 per square foot. The single-story building boasts a convenient parking ratio of 9.71 spaces per 1,000 square feet. The property's APN is C001-00-032-011-0-000-00. This retail space benefits from its location at a hard corner and signalized intersection, ensuring high visibility and accessibility. The property includes two 10,000-gallon fiberglass fuel tanks and one 7,000-gallon diesel tank. Historical data indicates monthly fuel sales averaging 15,000 gallons, with daily inside sales ranging from $1,200 to $12,000. Note that the fuel contract has approximately three years remaining. While operational until January 2022, this property presents a strong potential for a variety of retail uses. The Walk Score is 64, indicating a somewhat walkable neighborhood. This is an ideal investment for an owner-operator seeking a well-positioned retail space with existing infrastructure.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $217,372
    Hospitality
    $199,111
    Educational
    $165,658
    Medical
    $171,356
    Retail
    $257,691

Location Insight

City
Chickasha
County
Grady
State
Oklahoma
Latitude
35.0527
Longitude
-97.9393
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN 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
$5,183
$3,575
$45,959
$49,534
-
$32,500
$537,513
$570,013

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