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$1 Auction-REIT Sale | Former Dollar General 124 State Highway 10 9,186 SF Retail Building Kansas, OK 74347 $175,000 ($19.05/SF)
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Dollar General | Built 2011 | 6K VPD | AUCTION OCTOBER 19-21
- Open Layout Supports Multiple Reuse Paths - Former Dollar General configuration suits office, service, educational, commercial, or other uses.
- High-Visibility State Highway 10 Frontage - ±188 feet of exposure near Tulsa Avenue captures traffic of approximately 6,254 vehicles daily.
- Freestanding Retail with Built-In Upside - ±9,186 SF on ±1.03 acres offers a flexible layout for lease-up, owner use, or repositioning.
- Growing Northeast Oklahoma Trade Area - The 5-mile market includes 4,000+ residents with average household income above $74,000.
- Strategic Access Near U.S. Highway 412 - Just ±0.5 mile away, this regional corridor connects the site with Tulsa and Northwest Arkansas.
Executive Summary
Brokered by Marcus & Millichap, 124 State Highway 10 in Kansas, Oklahoma is a vacant ±9,186 SF freestanding retail building on ±1.03 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible retail asset at an exceptional basis. Built in 2011 and formerly occupied by Dollar General, the Property features an open floor plan, 29 parking spaces, approximately 188 feet of State Highway 10 frontage, and a 17.6-foot building height. The site is near Tulsa Avenue, which carries ±6,254 VPD, and approximately 0.5 mile from U.S. Highway 412, providing regional connectivity toward Tulsa and Northwest Arkansas. CoStar estimates retail market rent at approximately $14 PSF NNN. The City of Kansas does not maintain conventional zoning districts, creating flexibility for potential retail, office, educational, service, and other commercial uses, subject to municipal approval and buyer verification. Offered below replacement cost, the Property presents a compelling opportunity for owner occupancy, lease-up, adaptive reuse, or repositioning.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,186 SF
Building Class
C
Year Built
2011
Price
$175,000
Price Per SF
$19.05
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.04 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0085506 | Improvements Assessment | $60,225 |
| Land Assessment | $11,024 | Total Assessment | $71,249 |
Property Taxes
Parcel Number
0085506
Land Assessment
$11,024
Improvements Assessment
$60,225
Total Assessment
$71,249
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