1401 Fretz DrEdmond, OK 73003

  • Retail space
  • 11,830 SF
For Lease
$10/SF/YR View listing

Property Details for 1401 Fretz Dr

Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.22 AC
Property size (Sq ft)
11,830 SF
Property type
Retail space
APN
20-386-1070
APU
203861070

Description

This exceptional Edmond, Oklahoma property, located at 1401-1433 Fretz Drive, offers 6,000 square feet of immediately available space within a well-maintained, professionally managed business park. The building, constructed in 2002 and classified as Class B, features a total of 8,600 square feet across two suites. The available space is divisible into units as small as 3,000 square feet, with a maximum contiguous space of 3,000 square feet. The property boasts a desirable flex-space design, perfectly suited for businesses requiring both office and warehouse/storage functionality. The building's exterior is fully bricked, providing a professional appearance, while the rear bay doors offer convenient drive-in access for loading and unloading. The 1.125-acre lot provides ample parking for tenants and their clients. The property is zoned E-3, Restricted Light Industrial, and is situated in Oklahoma County, with a convenient Edmond, OK 73003 zip code. Climate-controlled spaces ensure year-round comfort. This locally-owned property presents a unique opportunity for businesses seeking a blend of professional office space and practical industrial features. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,823,065
    6.5%
    $2,605,906
    7%
    $2,419,770
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,586,932
    Geo Method
    $3,586,932
  • Alternative Use

    Use
    Valuation
    Residential
    $2,198,180
    Hospitality
    $2,013,521
    Educational
    $1,675,226
    Medical
    $1,732,839
    Retail
    $2,605,906

Location Insight

City
Edmond
County
Oklahoma
State
Oklahoma
Latitude
35.6398
Longitude
-97.4895
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
$8,681
$17,504
$65,779
$83,283
-
$159,130
$597,990
$757,120

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