1425 Santa Fe AveEdmond, OK 73003

  • Strip malls
  • 17,688 SF
For Lease
$16/SF/YR View listing

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
1425 Santa Fe Ave, Edmond, Oklahoma

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

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
$30,098
$55,687
$233,051
$288,738
-
$506,250
$2,118,649
$2,624,899

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