3825 166Th StEdmond, OK 73012

  • Retail space
  • 43,500 SF
For Lease
$12.60/SF/YR View listing

Property Details for 3825 166Th St

Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
9.93 AC
Property size (Sq ft)
43,500 SF
Property type
Retail space
APN
21-357-1000
APU
213571000

Description

The Alley at PORT164 offers 79,994 square feet of Class A industrial space in Edmond, Oklahoma, situated on six acres of land. This two-building, two-story complex, built in 2017 and renovated in 2024, features 35 suites, with a minimum divisible space of 12,500 square feet and a maximum contiguous space of 15,000 square feet. Currently, 8,750 square feet are vacant. The property boasts 58 drive-in bays and loading docks, 135 total parking spaces, and 22-foot ceiling heights. Three-phase power is available. Located at 3825 NW 166th St, Edmond, OK 73012, at the intersection of Portland Avenue and Highway 74, this light industrial property benefits from excellent access to Deer Creek, NW Oklahoma City, and surrounding areas. The property's modern design includes 25-foot tall concrete tilt-up exterior walls, tinted glass entry systems, and 14-foot tall overhead doors. The zoning is Light Industrial. This prime location offers high visibility and proximity to amenities, making it an exceptional opportunity for businesses seeking flexible, high-quality industrial space. The property is part of the larger PORT164 mixed-use development, including retail, medical, and office spaces.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,358,207
    6.5%
    $9,561,422
    7%
    $8,878,463
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,189,478
    Geo Method
    $13,189,478
  • Alternative Use

    Use
    Valuation
    Residential
    $8,065,417
    Hospitality
    $7,387,878
    Educational
    $6,146,628
    Medical
    $6,358,020
    Retail
    $9,561,422

Location Insight

City
Edmond
County
Oklahoma
State
Oklahoma
Latitude
35.6421
Longitude
-97.5888
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$112,718
$51,093
$805,752
$856,845
-
$464,490
$7,325,010
$7,789,500

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