230 Louis Tittle AveMangum, OK 73554

Property Details for 230 Louis Tittle Ave

Year built

1969

Property size (Sq ft)

1,100 SF

Property type

Gas stations

APN

1140-00-006-016-0-001-00

APU

114000006016000100

Description

This exceptional commercial property presents a unique investment opportunity in the heart of Mangum, Oklahoma. Situated on a prominent Main Street location, the building offers 2,100 square feet of versatile space, ideal for a variety of businesses. The structure boasts four well-equipped bays, perfect for vehicle repair, equipment storage, or other industrial uses. In addition to the bays, the property includes a dedicated office space, providing a professional environment for administrative tasks. Two separate storage areas offer ample room for inventory or supplies. The building's covered parking extends nearly the entire length, providing significant covered space for vehicles or additional storage. Constructed on a 0.4-acre lot, the property features a substantial 17,500 square foot area with a durable 4-inch thick concrete surface. This robust construction ensures longevity and adaptability for diverse business operations. The property's prime location and extensive features make it an attractive proposition for entrepreneurs seeking to establish or expand their business in a thriving community. The asking price is $165,000. This represents a compelling opportunity to acquire a well-maintained commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $209,929

  6.5%

  $193,781

  7%

  $179,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $333,527

  Geo Method

  $333,527

• Alternative Use

  Use

  Valuation

  Residential

  $163,461

  Hospitality

  $149,730

  Educational

  $124,573

  Medical

  $128,858

  Retail

  $193,781

Location Insight

City

Mangum

County

Greer

State

Oklahoma

Latitude

34.876

Longitude

-99.5024

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].