116 Robert S Kerr BlvdWynnewood, OK 73098

Property Details for 116 Robert S Kerr Blvd

Year built

1950

Lot size

0.64 AC

Property size (Sq ft)

8,513 SF

Zone code

C1

Property type

Medical offices

Property subtype

Medical centers

APN

0145-00-207-001-0-000-00

APU

14500207001000000

Description

This exceptional 8,756 square foot office building, situated on a 0.64-acre lot at 116 E Robert S Kerr Boulevard in Wynnewood, Oklahoma, presents a unique investment opportunity. The property's versatile layout is perfectly suited for a variety of commercial enterprises. The building is divided into two distinct sections, each offering ample space. The south side comprises a welcoming reception/administration area, thirteen individual medical offices, and three bathrooms. This area is well-suited for a business requiring client interaction and multiple private offices. The north side mirrors this functionality, boasting fifteen medical offices and three bathrooms, providing even greater capacity for a larger operation or multiple tenants. The property's design incorporates spacious waiting areas, catering to the needs of clients and staff. Furthermore, the building benefits from two substantial parking lots, ensuring convenient parking for everyone. Its strategic location in Wynnewood makes it particularly well-suited for a government services center or any business requiring significant office space and convenient client access. The asking price for this remarkable property is $280,000. This represents a compelling opportunity to acquire a substantial and versatile commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,517,775

  6.5%

  $1,401,023

  7%

  $1,300,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,024,284

  Geo Method

  $1,024,284

• Alternative Use

  Use

  Valuation

  Residential

  $1,737,269

  Hospitality

  $1,591,329

  Educational

  $1,323,967

  Medical

  $1,369,500

  Retail

  $2,059,504

Location Insight

City

Wynnewood

County

Garvin

State

Oklahoma

Latitude

34.6433

Longitude

-97.1695

Property Tax & Assessments

FAQs

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