1213 Cherokee StWagoner, OK 74467

Property Details for 1213 Cherokee St

Year built

2005

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

640 SF

Property type

Individual retail properties

APN

010000-329002-000000

APU

10000329002000000

Description

This exceptional .33-acre pad site presents a remarkable opportunity for quick-service restaurant (QSR) development. Located at the intersection of US-69 and Highway 51 in Wagoner, Oklahoma, this property boasts phenomenal access and visibility, ensuring high traffic counts. The site is zoned C-3 and benefits from all utilities already on-site, simplifying the development process. With a ground lease option available, this property offers flexibility for potential buyers or lessees. The location is surrounded by a thriving retail environment, including major national brands such as Walmart Supercenter, Tractor Supply, Walgreens, QuickTrip, Arby's, Braum's, McDonald's, Sonic, Taco Bell, and Taco Bueno, ensuring a strong customer base. Daily traffic counts exceed 26,200 and 10,700 vehicles, demonstrating significant potential for high sales volume. The property is situated in Wagoner County, Oklahoma, serving a population of over 8,000 residents. This prime location and convenient access make this an ideal site for a successful QSR establishment. The single building lot offers a blank canvas for your vision, allowing for customized construction to meet your specific needs. Don't miss this chance to establish your business in a high-traffic, well-established retail corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $82,011

  6.5%

  $75,703

  7%

  $70,295

• Comparable approach

  Method

  Valuation

  Relative Method

  $115,364

  Geo Method

  $115,364

• Alternative Use

  Use

  Valuation

  Residential

  $63,858

  Hospitality

  $58,494

  Educational

  $48,666

  Medical

  $50,340

  Retail

  $75,703

Location Insight

City

Wagoner

County

Wagoner

State

Oklahoma

Latitude

35.9594

Longitude

-95.3933

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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