1228 Gentry AveChecotah, OK 74426

Property Details for 1228 Gentry Ave

Year built

2020

Lot size

7.36 AC

Property size (Sq ft)

11,024 SF

Property type

Car washes

APN

0000-32-12N-17E-2-006-00

APU

00003212N17E200600

Description

This exceptional commercial property in Checotah, Oklahoma, presents a unique investment opportunity. The 10,000 square foot steel structure building sits on a substantial 7.36-acre lot, boasting 500 feet of frontage along a busy thoroughfare, ensuring high visibility. The building features 20-foot eave heights, four 14'x16' glass bay doors, a 10'x10' overhead door, and heated wash bay floors. The main floor includes a 24'x50' drywall area with two restrooms and a shower, a kitchen, and a breakroom, plus a glass storefront with a welcoming lobby. Upstairs, find two executive offices, a full bathroom, and an additional 1,800 square feet of unfinished space, perfect for expansion. Currently operating as a Class A truck wash (business not included in sale), this property offers flexibility for future uses. Located near Highway 69 and I-40, in McIntosh County, with a permitted Urban Comm zoning, this two-story building was constructed 5 years ago. The asking price is $1,590,000, translating to $159 per square foot. The property's strategic location in a growing community near Lake Eufaula provides access to a steady stream of traffic and recreational opportunities. This is a rare chance to acquire a substantial commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,412,644

  6.5%

  $1,303,979

  7%

  $1,210,838

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,987,138

  Geo Method

  $1,987,138

• Alternative Use

  Use

  Valuation

  Residential

  $1,099,955

  Hospitality

  $1,007,553

  Educational

  $838,272

  Medical

  $867,102

  Retail

  $1,303,979

Location Insight

City

Checotah

County

Mcintosh

State

Oklahoma

Latitude

35.478

Longitude

-95.5383

Property Tax & Assessments

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