4330 29Th StDel City, OK 73115

  • Strip malls
  • 9,384 SF
For Lease
$10/SF/YR View listing

Property Details for 4330 29Th St

Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.60 AC
Property size (Sq ft)
9,384 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
15-392-1970
APU
153921970

Description

Ponderosa Plaza, located at 4330 SE 29th Street in Del City, Oklahoma (zip code 73115), presents a compelling retail investment opportunity. This 18,384 square foot strip center/neighborhood center boasts a highly visible location along a busy Del City thoroughfare. Currently, there are multiple spaces available, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 4,298 square feet. A significant 8,596 square feet of space is currently vacant, presenting a unique chance for expansion or new tenancy. The property sits on a substantial 4.6-acre lot, providing ample parking and potential for future development. Built in 1973, the property is zoned C-3, allowing for a variety of retail uses. The property is situated within the Del City submarket of Oklahoma County, offering excellent access to a thriving community. This affordable retail space represents a strong investment opportunity in a desirable location. Interested parties should note that the property is located at 35.4344638 latitude and -97.4394453 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,386,787
    6.5%
    $2,203,188
    7%
    $2,045,817
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,845,289
    Geo Method
    $2,845,289
  • Alternative Use

    Use
    Valuation
    Residential
    $1,858,471
    Hospitality
    $1,702,350
    Educational
    $1,416,335
    Medical
    $1,465,045
    Retail
    $2,203,188

Location Insight

City
Del City
County
Oklahoma
State
Oklahoma
Latitude
35.4343
Longitude
-97.4398
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
$10,756
$20,932
$74,711
$95,643
-
$205,604
$733,852
$939,456

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