I-40 & Lotawatah Road property Route 3 Box 262 Exit 262 3,592 SF Retail Building Checotah, OK 74426 $469,000 ($130.57/SF)


INVESTMENT HIGHLIGHTS
- Excellent visiblity from I-40 with high rise sign
- Last exit before crossing bridge over Lake Eufaula
- Former Stuckey's travel plaza
EXECUTIVE SUMMARY
Redevelopment opportunity for c-store with auto and diesel fuel islands.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Taxes |
$2,153
![]() |
$0.60
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Operating Expenses |
$1,000
![]() |
$0.28
![]() |
Total Expenses |
$3,153
![]() |
$0.88
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PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
3,592 SF
Building Class
C
Year Built
1975
Price
$469,000
Price Per SF
$130.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
4.94 AC
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
453’ on Lotawatah Rd
PROPERTY TAXES
Parcel Number | 0000-02-11N-16E-2-003-00 | Total Assessment | $1,063 (2024) |
Land Assessment | $1,063 (2024) | Annual Taxes | $2,153 ($0.60/SF) |
Improvements Assessment | $0 (2024) | Tax Year | 2023 Payable 2023 |