331 Cemetery RdYukon, OK 73099

  • Strip malls
  • 21,120 SF
For Lease
$14/SF/YR View listing

Property Details for 331 Cemetery Rd

Year built
2007
Lot size
1.66 AC
Property size (Sq ft)
21,120 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
90120864
APU
90120864

Description

This exceptional Class A, single-story medical office building, totaling 21,120 square feet, is situated at 331 Cemetery Rd, Yukon, OK 73099, near the intersection of Reno and Garth Brooks (Cemetery) Roads. Built in 2007 and renovated in 2024, the property boasts 18-foot ceilings and offers four suites ranging from 900 to 7,100 contiguous square feet, with 10,700 square feet currently vacant. The building features ample parking with 70 spaces, catering to both tenants and their clients. The property is zoned commercial and benefits from its location in a high-traffic area experiencing significant new development, ensuring excellent visibility and accessibility. The Yukon, Mustang submarket in Oklahoma City offers a robust economy, promising strong growth potential for businesses. Utilities are modified gross, with tenants responsible for electricity, natural gas, and internet. This property presents a unique opportunity for medical practices seeking a modern, well-maintained space in a thriving commercial area. The competitive rental rates make this an attractive option for businesses seeking a strategic and cost-effective location. The building is served by single-phase power and does not include elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,282,564
    6.5%
    $3,953,136
    7%
    $3,670,770
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,403,719
    Geo Method
    $6,403,719
  • Alternative Use

    Use
    Valuation
    Residential
    $3,334,618
    Hospitality
    $3,054,493
    Educational
    $2,541,302
    Medical
    $2,628,701
    Retail
    $3,953,136

Location Insight

City
Yukon
County
Canadian
State
Oklahoma
Latitude
35.4624
Longitude
-97.7607
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
$28,979
$42,897
$213,032
$255,929
-
$357,935
$1,785,740
$2,143,675

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