4721 2Nd StEdmond, OK 73034

  • Commercial real estate
  • 2,440 SF
For Lease
$20/SF/YR View listing

Property Details for 4721 2Nd St

Year built
1986
Construction
CONCRETE BLOCKS
Lot size
1.03 AC
Property size (Sq ft)
2,440 SF
Property type
Commercial real estate
APN
18-921-7503
APU
189217503

Description

This exceptional 3,100 square foot office building, located at 4721 E 2nd Street in Edmond, Oklahoma, presents a unique opportunity for a single tenant. The property boasts a convenient location, offering excellent visibility and accessibility with frontage on 2nd Street and proximity to I-35. Built in 1986 and extensively renovated in May 2024, the building is classified as Class C and sits on a 1.03-acre lot. Recent improvements include a brand-new roof, updated landscaping, upgraded exterior lighting, fresh sod, and new handrails. The entire 3,100 square feet is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their specific needs. To incentivize a long-term lease, the landlord is offering a significant contribution of $75,000 towards tenant interior improvements. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located office space in the thriving Edmond market. The property is suitable for various office uses, including executive, medical, and traditional office settings. The zip code is 73034.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $453,386
    Hospitality
    $415,299
    Educational
    $345,524
    Medical
    $357,407
    Retail
    $537,482

Location Insight

City
Edmond
County
Oklahoma
State
Oklahoma
Latitude
35.6535
Longitude
-97.4187
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
$3,089
$14,850
$14,781
$29,631
-
$135,000
$134,373
$269,373

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