6177 W Hwy 70 Highway 1

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6177 W Hwy 70 Highway 1

Mead, OK 73449
Asking Price
$285K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property located in Mead, Oklahoma.
  • The building features 2,815 square feet of floor space.
  • Asking price for the commercial asset is $285,000.
  • Positioned with direct frontage along Highway 70.
  • Suitable for retail business or service-oriented operations.

What's Special

Priced at $285,000, this retail storefront provides 2,815 square feet of usable space at 6177 W Hwy 70 Highway 1 in Mead, Oklahoma. The property serves as a functional asset for investors or business owners looking to establish a presence in a growing rural market within Marshall County. The layout is well-suited for traditional retail operations, local service providers, or specialty boutique storefronts needing high-visibility access along a primary regional thoroughfare. Mead benefits from its proximity to Lake Texoma, driving consistent recreational traffic throughout the year. This location allows for a business to capture both local residents and visitors traveling along the Highway 70 corridor. The straightforward configuration of the interior allows for versatile floor planning to accommodate various commercial inventory requirements or office configurations. Prospective buyers will find this asset represents a clear entry point into the local commercial landscape.

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NOI
$80,000
Cap Rate
28.07%
DSCR
4.73
Strong
Cash-on-Cash
73.78%
Monthly Payment
$1,410.024
Annual Cash Flow
$63,079.706

Location & Travel Times