1558 Echota AveTahlequah, OK 74464

Property Details for 1558 Echota Ave

Year built

2016

Property size (Sq ft)

3,200 SF

Property type

Auto shops

APN

3070-00-004-000-0-007-00

APU

307000004000000700

Description

This exceptional turn-key body shop in Tahlequah, Oklahoma, presents a unique investment opportunity. Located at 1558 Echota Avenue, Unit 1558, this 3,200 square foot retail property sits on a 0.32-acre lot and is fully equipped for immediate operation. The asking price is $399,000. Included in the sale is a substantial amount of high-quality equipment, significantly reducing start-up costs for the new owner. The equipment package comprises a spray booth with integrated heat makeup and fire safety systems (originally valued at $48,108, now estimated at $40,000), a Multimig 522 welder ($12,616), a frame rack ($15,000), a measuring system ($2,000), a rivet gun ($4,000), and various miscellaneous items such as stands and cabinets (estimated at $4,000). This comprehensive setup eliminates the need for significant capital investment in equipment, allowing for a swift and efficient commencement of business. The property's prime location in Tahlequah offers excellent visibility and accessibility, making it an ideal location for a thriving body shop. This is a rare opportunity to acquire a fully operational business with significant existing equipment, ready for immediate revenue generation. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $410,056

  6.5%

  $378,514

  7%

  $351,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $576,818

  Geo Method

  $576,818

• Alternative Use

  Use

  Valuation

  Residential

  $319,290

  Hospitality

  $292,468

  Educational

  $243,330

  Medical

  $251,699

  Retail

  $378,514

Location Insight

City

Tahlequah

County

Cherokee

State

Oklahoma

Latitude

35.8961

Longitude

-94.9752

CBSA code

45140

CBSA name

TAHLEQUAH, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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