8 Main StYukon, OK 73099

  • Drive through restaurants
  • 3,356 SF

Property Details for 8 Main St

Year built
1984
Lot size
0.58 AC
Property size (Sq ft)
3,356 SF
Property type
Drive through restaurants
APN
90017601
APU
90017601

Description

This exceptional 3,391 square foot freestanding restaurant building is available for lease in Yukon, Oklahoma. Situated on a 0.58-acre lot at 8 E Main St, this single-tenant property boasts a prime location on historic Route 66, just three miles west of the John Kilpatrick Turnpike. Built in 1984 and renovated in 2009, the building offers excellent visibility to over 15,000 vehicles daily thanks to prominent pylon signage. The property includes 45 parking spaces, with 21 standard and 2 handicapped-accessible spots, and features a convenient drive-through with designated entrance and exit. The strategic location benefits from a strong mix of local, regional, and national businesses along Route 66, including nearby Braum's Ice Cream, McDonald's, Earl's BBQ, Sonic Drive-in, and a Walmart Neighborhood Market. This is a fantastic opportunity for a restaurant operator seeking high visibility and convenient access in a thriving community. The property is currently occupied

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $728,853
    6.5%
    $672,787
    7%
    $624,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,017,561
    Geo Method
    $1,017,561
  • Alternative Use

    Use
    Valuation
    Residential
    $567,521
    Hospitality
    $519,846
    Educational
    $432,506
    Medical
    $447,380
    Retail
    $672,787

Location Insight

City
Yukon
County
Canadian
State
Oklahoma
Latitude
35.5071
Longitude
-97.7412
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
$11,219
$13,789
$89,768
$103,557
-
$114,906
$748,065
$862,971

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