906 4Th StSayre, OK 73662

  • Specialty properties
  • 9,180 SF
For Sale
$624,900 View listing

Property Details for 906 4Th St

Year built
1969
Lot size
0.26 AC
Property size (Sq ft)
9,180 SF
Zone code
C1
Property type
Specialty properties
APN
0545-00-001-004-0-000-00
APU
54500001004000000

Description

This exceptional commercial property, located at 906 N 4th Street in Sayre, Oklahoma, presents a unique investment opportunity. Boasting a highly desirable location on the I-40 business loop, this property enjoys exceptional visibility and accessibility. Currently operating as a fully functional funeral home, the building offers a substantial amount of versatile space. The 0.72-acre lot provides ample parking, with multiple spaces available in front of the building, under a covered portico, and on the south side. The building itself features a spacious chapel ideal for services, along with several well-appointed office areas, a conference room, a viewing area, and a comfortable sitting area. The property also includes a significant attached residential component, adding to its overall value and potential uses. This combination of commercial and residential space offers flexibility for a variety of businesses or could be easily adapted to suit a range of needs. The strategic location on the main business thoroughfare ensures high traffic volume and excellent exposure, making this a truly remarkable opportunity for an astute investor seeking a property with significant potential for growth and return. The recent drastic price reduction makes this an even more compelling proposition. The property's size and features make it suitable for a variety of uses beyond its current function. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,364,160
    Hospitality
    $1,249,564
    Educational
    $1,039,622
    Medical
    $1,075,376
    Retail
    $1,617,190

Location Insight

City
Sayre
County
Beckham
State
Oklahoma
Latitude
35.3005
Longitude
-99.6396
CBSA code
21120
CBSA name
ELK CITY, 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
$2,070
$337
$25,111
$25,448
-
$2,812
$209,259
$212,071

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