109980 Highway 150Checotah, OK 74426

  • Warehouses
  • 4,200 SF
For Sale
$299,000 View listing

Property Details for 109980 Highway 150

Year built
2005
Lot size
1.53 AC
Property size (Sq ft)
4,200 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
0000-17-11N-16E-4-007-01
APU
00001711N16E400701

Description

This exceptional mixed-use property in Checotah, Oklahoma, presents a lucrative investment opportunity. Located on Highway 150, near Lake Eufaula State Park and I-40, this property boasts a fully equipped convenience store ready for immediate operation. The store includes a kitchen with various appliances such as ice machines, a snow cone machine, a pizza oven, a soda fountain, and a deli meat slicer, ensuring diverse revenue streams. A two-bedroom apartment, complete with new flooring and a vanity, provides additional income potential or owner occupancy. The property has recently undergone significant improvements, including a new roof, updated electrical system, and enhanced lighting, minimizing future maintenance costs. Adding to the income potential is a 28-unit storage building featuring operational doors and concrete floors, providing a stable and reliable income stream. A substantial 30x60 shop offers ample space for expansion, allowing for the addition of new businesses or the expansion of existing ones. The property sits on a 1.53-acre lot, providing ample space for parking and future development. With a total square footage of 2,240, this property offers a unique blend of commercial and residential uses, making it an ideal investment for entrepreneurs seeking a turnkey operation with significant upside. The asking price is $299,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $649,407
    Hospitality
    $594,853
    Educational
    $494,911
    Medical
    $511,932
    Retail
    $769,862
109980 Highway 150, Checotah, Oklahoma

Location Insight

City
Checotah
County
Mcintosh
State
Oklahoma
Latitude
35.4207
Longitude
-95.6285

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
$2,450
$4,208
$24,596
$28,804
-
$38,250
$223,596
$261,846

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