142 44Th StOklahoma City, OK 73129

Property Details for 142 44Th St

Year built

1986

Construction

BRICK

Lot size

0.57 AC

Property size (Sq ft)

2,460 SF

Property type

Retail space

APN

13-208-0100

APU

132080100

Description

This exceptional single-tenant retail building, located at 142 SE 44th Street in Oklahoma City, Oklahoma, presents a compelling investment opportunity. The property boasts 2,460 square feet of space situated on a 0.57-acre lot, offering significant potential for a variety of retail uses. Its strategic location on a hard corner ensures high visibility and accessibility, benefiting from substantial traffic flow. The property's advantageous position is further enhanced by its proximity to established businesses such as McDonald's, OnCue, and Walgreens, creating a synergistic retail environment. The building is a single-story, free-standing structure, providing ample space and flexibility for a tenant. Previous underground storage tanks have been removed, eliminating any environmental concerns. The asking price for this Class C retail property is $1,500,000. This is a rare opportunity to acquire a well-located, single-tenant retail building in a thriving Oklahoma City neighborhood. The 73129 zip code offers a strong demographic profile, making this an attractive investment for both owner-occupiers and investors seeking a stable, income-generating asset. The 0.57-acre lot provides ample space for potential expansion or future development. This property is ready for immediate occupancy and presents a strong return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $477,225

  6.5%

  $440,515

  7%

  $409,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $745,888

  Geo Method

  $745,888

• Alternative Use

  Use

  Valuation

  Residential

  $371,591

  Hospitality

  $340,375

  Educational

  $283,188

  Medical

  $292,928

  Retail

  $440,515

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.4204

Longitude

-97.5084

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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