7001 23Rd StBethany, OK 73008

  • Commercial real estate
  • 38,848 SF
For Sale
$1,800,000 View listing

Property Details for 7001 23Rd St

Year built
1970
Lot size
3.41 AC
Property size (Sq ft)
38,848 SF
Property type
Commercial real estate
APN
17-388-7495
APU
173887495

Description

This exceptional 55,884-square-foot, three-story office building, situated on 3.4 acres at the highly visible northeast corner of NW 23rd and N Rockwell Avenue in Bethany, Oklahoma, presents a compelling investment opportunity. The property, formerly an AT&T call center, boasts reinforced concrete construction and is ideally suited for a variety of uses, including office space, data center, call center, storage, or flex space. Its open floor plans, ample parking, and robust power infrastructure cater to diverse operational needs. Conveniently located just miles from I-44 and I-40, the building benefits from significant visibility, with an average daily traffic count of 36,000 vehicles. Additional features include an on-site generator backup, highly efficient floorplates, and abundant natural lighting. The property is located within a Bethany Tax Increment Finance (TIF) District and is reportedly eligible for 40% Federal and State Historic Tax Credits, making it an attractive proposition for investors and owner-occupants alike. The expansive 3.4-acre site also offers potential for the development of commercial retail pad sites, with the existing building readily adaptable for demolition to accommodate such projects. The asking price is $1,800,000, translating to $32.21 per square foot. Built in 1970, the Class C building is zoned C-G.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,569,445
    Hospitality
    $6,017,576
    Educational
    $5,006,553
    Medical
    $5,178,736
    Retail
    $7,787,972

Location Insight

City
Bethany
County
Oklahoma
State
Oklahoma
Latitude
35.4939
Longitude
-97.6354
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
$21,155
$22,933
$148,974
$171,907
-
$222,615
$1,446,085
$1,668,700

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