120 4Th StMoore, OK 73160

Property Details for 120 4Th St

Year built

1980

Construction

WOOD FRAME

Lot size

0.55 AC

Property size (Sq ft)

1,500 SF

Zone code

C3

Property type

Office buildings

APN

MC2 SOMOR A 2011

APU

MC2SOMORA2011

Description

This exceptional commercial property, located at 120 SW 4th Street in Moore, Oklahoma, presents a unique investment opportunity. The property encompasses a total of 6,500 square feet situated on a 0.55-acre lot, offering a blend of warehouse and office space. The warehouse component boasts 5,000 square feet of functional space, featuring 20-foot ceilings, two 14-foot garage doors, four walk-through doors, and two handicap-accessible bathrooms. The space is heated and ready for immediate occupancy. A fenced side yard provides ample space for truck and trailer parking. The connected office building adds another 1,500 square feet, including five individual offices, a spacious reception lobby, and a convenient break room. This property enjoys a highly desirable location in the heart of Moore, Oklahoma, offering easy access to I-35 and within a 10-minute drive of both downtown Oklahoma City and Norman. The property is available for sale at $1,300,000 or for lease with a minimum three-year contract at a triple-net rate of $8,500 per month. This prime location and versatile space make this an ideal opportunity for a variety of businesses. The property sits on the southeast corner of the intersection of SW 4th Street and I-35, ensuring high visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $267,434

  6.5%

  $246,862

  7%

  $229,229

• Comparable approach

  Method

  Valuation

  Relative Method

  $180,480

  Geo Method

  $180,480

• Alternative Use

  Use

  Valuation

  Residential

  $306,109

  Hospitality

  $280,394

  Educational

  $233,284

  Medical

  $241,307

  Retail

  $362,887

Location Insight

City

Moore

County

Cleveland

State

Oklahoma

Latitude

35.3337

Longitude

-97.4881

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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