2837 44Th StOklahoma City, OK 73119

Property Details for 2837 44Th St

Year built

1956

Construction

BRICK

Lot size

0.48 AC

Property size (Sq ft)

6,519 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

07-412-9600

APU

74129600

Description

Carrillo Plaza, located at 2837 SW 44th St in Oklahoma City, Oklahoma, presents a compelling retail investment opportunity. This established commercial property, built in 1956, offers a total of 6,519 square feet, with 1,940 square feet currently vacant and available for lease. The property is situated in Oklahoma County, zip code 73119, and enjoys a convenient location just east of the high-traffic intersection of S May Avenue and SW 44th Street, ensuring excellent visibility and accessibility for potential tenants. The building's multiple tenancy structure provides flexibility for various retail businesses. The available space offers significant potential for a variety of uses, benefiting from its established location and proximity to major thoroughfares. This is an ideal opportunity for businesses seeking a well-positioned retail space in a thriving Oklahoma City neighborhood. The property's existing infrastructure and established presence provide a solid foundation for immediate occupancy and business operations. Interested parties are encouraged to explore the potential of this prime retail space. The 1,940 square foot vacant area presents a unique chance to establish a new business or expand an existing one within a well-established commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $1,226,814

  6.5%

  $1,132,444

  7%

  $1,051,555

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,976,602

  Geo Method

  $1,976,602

• Alternative Use

  Use

  Valuation

  Residential

  $955,259

  Hospitality

  $875,012

  Educational

  $728,000

  Medical

  $753,037

  Retail

  $1,132,444

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.421

Longitude

-97.5645

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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