402 Main StCement, OK 73017

Property Details for 402 Main St

Year built

1915

Lot size

0.16 AC

Property size (Sq ft)

3,550 SF

Property type

Retail space

APN

0620-03-011-013-1-358-00

APU

62003011013135800

Description

This exceptional commercial property, located at 402 N Main in Cement, Oklahoma, presents a unique investment opportunity. Boasting a substantial 3,555 square feet of space, this versatile building sits on a conveniently sized 0.16-acre lot, offering ample room for various business ventures. The property's prime location on N Main Street ensures high visibility and accessibility, making it an ideal choice for a wide range of commercial uses. The asking price of $125,000 represents significant value for a property of this size and location in Cement. The building's interior layout is adaptable and can be customized to suit the specific needs of a prospective tenant or owner-occupant. Its sturdy construction ensures longevity and minimal maintenance requirements. The property is ready for immediate occupancy, allowing for a swift transition into operations. Given its strategic location and substantial square footage, this commercial property is poised for immediate success and represents a strong return on investment. The 0.16-acre lot provides sufficient space for parking and potential expansion. This is a rare opportunity to acquire a well-situated commercial property in a growing community at an attractive price point. Serious inquiries are encouraged to explore the potential of this exceptional offering. Don't miss out on this chance to secure a valuable asset in the heart of Cement, Oklahoma.

• CAP approach

  CAP return

  Valuation

  6%

  $774,573

  6.5%

  $714,991

  7%

  $663,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,076,383

  Geo Method

  $1,076,383

• Alternative Use

  Use

  Valuation

  Residential

  $603,122

  Hospitality

  $552,456

  Educational

  $459,637

  Medical

  $475,445

  Retail

  $714,991

Location Insight

City

Cement

County

Caddo

State

Oklahoma

Latitude

34.9352

Longitude

-98.1399

Property Tax & Assessments

FAQs

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