500 Mustang RdYukon, OK 73099

  • Drive through restaurants
  • 2,456 SF
For Sale
$675,000 View listing

Property Details for 500 Mustang Rd

Lot size
0.61 AC
Property size (Sq ft)
2,456 SF
Property type
Drive through restaurants
APN
90127944
APU
90127944

Description

This exceptional 1.46-acre commercial land parcel presents a prime investment opportunity in Yukon, Oklahoma. Located at 500 S Mustang Rd, this property is zoned SPUD-1255 and offers significant potential for retail development. The lot's size provides ample space for a variety of commercial projects, catering to the needs of a growing community. Its strategic location along S Mustang Rd ensures high visibility and accessibility, attracting substantial foot and vehicular traffic. The property's central position within Yukon offers convenient access for both local residents and commuters, maximizing exposure and potential customer reach. The APN is 090147904, and the asking price is $675,000. This is an ideal site for entrepreneurs and investors seeking a high-traffic location to establish a thriving commercial venture in a rapidly developing area of Canadian County. The property's buildable nature and favorable zoning regulations make it a particularly attractive proposition for those seeking a straightforward path to development. This presents a rare opportunity to acquire a significant commercial land parcel in a desirable location with strong growth potential. Don't miss this chance to secure a valuable asset in the heart of Yukon.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $497,833
    6.5%
    $459,538
    7%
    $426,714
  • Comparable approach

    Method
    Valuation
    Relative Method
    $744,675
    Geo Method
    $744,675
  • Alternative Use

    Use
    Valuation
    Residential
    $387,638
    Hospitality
    $355,074
    Educational
    $295,418
    Medical
    $305,577
    Retail
    $459,538
500 Mustang Rd, Yukon, Oklahoma

Location Insight

City
Yukon
County
Canadian
State
Oklahoma
Latitude
35.4613
Longitude
-97.7242
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
$19,515
$27,425
$144,920
$172,345
-
$231,957
$1,268,043
$1,500,000

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