12001 Slaughterville RdLexington, OK 73051

Property Details for 12001 Slaughterville Rd

Year built

2019

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.10 AC

Property size (Sq ft)

3,136 SF

Property type

Retail space

APN

SD40 7 1W 12016

APU

SD4071W12016

Description

This exceptional investment opportunity presents a fully operational convenience store and gas station ideally situated on a highly visible 1.1-acre corner lot in Lexington, Oklahoma. The main building, totaling 1,248 square feet, has served the community since 1987, establishing a loyal customer base. The property includes two above-ground fuel tanks – one with a 3,000-gallon capacity for diesel fuel and another with a 9,300-gallon capacity for unleaded fuel, serviced by three dispensers. Adding to the property's versatility is a 16x20 portable building, cleverly divided into a 12x16 kitchen area and an 8x16 storage space, offering potential for expansion or additional revenue streams. The asking price of $329,000 excludes the inventory value, providing a flexible entry point for prospective buyers. This turnkey operation presents a rare chance to acquire a well-established business with significant growth potential in a thriving community. Detailed financial information and operational specifics are available upon execution of a Non-Disclosure Agreement. Don't miss this chance to own a piece of Lexington's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $821,898

  6.5%

  $758,676

  7%

  $704,484

• Comparable approach

  Method

  Valuation

  Relative Method

  $950,855

  Geo Method

  $950,855

• Alternative Use

  Use

  Valuation

  Residential

  $639,971

  Hospitality

  $586,210

  Educational

  $487,720

  Medical

  $504,493

  Retail

  $758,676

Location Insight

City

Lexington

County

Cleveland

State

Oklahoma

Latitude

35.0879

Longitude

-97.265

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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