1425 Santa Fe AveEdmond, OK 73003
- Strip malls
- 17,688 SF
Property Details for 1425 Santa Fe Ave
- Year built
- 1997
- Construction
- BRICK
- Lot size
- 1.55 AC
- Property size (Sq ft)
- 17,688 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 18-342-1765
- APU
- 183421765
Description
This exceptional retail property, located at 1425 S Santa Fe Ave in Edmond, Oklahoma (zip code 73003), offers three available spaces ranging from 1,300 to 2,000 square feet. Built in 1997, the entire building encompasses 20,307 square feet and is situated in Oklahoma County. The property benefits from a highly visible location along S Santa Fe Avenue, a road with a high volume of daily traffic (18,336 vehicles per day). This prime location provides excellent exposure to a large customer base. The surrounding area is densely populated with numerous established businesses and amenities, including Edmond Santa Fe High School, Arby's, Crest Foods, Subway, McDonald's, Bank of Oklahoma, MidFirst Bank, Great Clips, and Zips Car Wash, ensuring high foot traffic and strong consumer presence. This retail center offers a competitive rental rate, lower than the average in Oklahoma City. The property is ideal for a variety of retail businesses seeking a thriving location with strong visibility and convenient access. This is a multiple-tenancy property offering flexibility for businesses of varying sizes.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,220,996
- 6.5%
- $3,896,304
- 7%
- $3,617,996
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,363,115
- Geo Method
- $5,363,115
-
Alternative Use
- Use
- Valuation
- Residential
- $3,286,678
- Hospitality
- $3,010,580
- Educational
- $2,504,767
- Medical
- $2,590,910
- Retail
- $3,896,304
Location Insight
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Latitude
- 35.6394
- Longitude
- -97.5144
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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