507 Speer StDustin, OK 74839

Property Details for 507 Speer St

Year built

1952

Lot size

0.52 AC

Property size (Sq ft)

840 SF

Property type

Turn key restaurants

APN

0305-00-055-006-0-004-01

APU

30500055006000401

Description

This exceptional 1,969 square foot commercial property, located at 507 Speer Street Unit 507 in Dustin, Oklahoma, presents a unique investment opportunity. Currently operating as a fully renovated diner, this turnkey business boasts seating for 50 patrons and a convenient drive-thru window, ensuring ease of service and maximizing customer flow. The property sits on a sizable 0.47-acre lot, providing ample parking across six individual lots. Recent upgrades include brand new HVAC units, updated ceiling fans, and a completely modernized ductwork system, enhancing both efficiency and comfort. For added security, the property is equipped with a comprehensive security camera system. The diner is available for sale either fully equipped with existing operational assets or as a vacant space, offering flexibility to prospective buyers. The property's versatility extends beyond its current use

• CAP approach

  CAP return

  Valuation

  6%

  $166,803

  6.5%

  $153,972

  7%

  $142,974

• Comparable approach

  Method

  Valuation

  Relative Method

  $151,415

  Geo Method

  $151,415

• Alternative Use

  Use

  Valuation

  Residential

  $129,881

  Hospitality

  $118,971

  Educational

  $98,982

  Medical

  $102,386

  Retail

  $153,972

Location Insight

City

Dustin

County

Hughes

State

Oklahoma

Latitude

35.2703

Longitude

-96.0313

Property Tax & Assessments

FAQs

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