1608 State Highway 152Mustang, OK 73064

Property Details for 1608 State Highway 152

Year built

1984

Lot size

0.56 AC

Property size (Sq ft)

3,000 SF

Property type

Office buildings

APN

90009793

APU

90009793

Description

This exceptional business opportunity encompasses a 3,000 square foot building situated on a half-acre lot (0.56 acres) with prominent frontage on State Highway 152 in Mustang, Oklahoma. The property benefits from its strategic location near the busy intersection of Morgan Road, ensuring high visibility and accessibility. The building features a recently updated reception area, a dedicated office, a convenient kitchenette, and a bathroom. The substantial shop area is equipped with two overhead doors, complete with openers, and an air compressor, making it ideal for a variety of uses. Three-phase electric service is available, and the City of Mustang currently designates the property as C-5 zoned. City water and septic systems are in place. Previously utilized as a towing company, the property is fully fenced and includes ample parking secured behind a gated entrance. A storage container located at the rear of the property will convey with the sale. The property includes a concrete parking lot. The sale is an "as is" transaction

• CAP approach

  CAP return

  Valuation

  6%

  $389,479

  6.5%

  $359,519

  7%

  $333,839

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,960

  Geo Method

  $360,960

• Alternative Use

  Use

  Valuation

  Residential

  $445,804

  Hospitality

  $408,354

  Educational

  $339,746

  Medical

  $351,430

  Retail

  $528,494

Location Insight

City

Mustang

County

Canadian

State

Oklahoma

Latitude

35.3912

Longitude

-97.6903

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].