937 89Th StOklahoma City, OK 73139

Property Details for 937 89Th St

Year built

1984

Construction

BRICK

Lot size

0.61 AC

Property size (Sq ft)

8,530 SF

Property type

Medical offices

Property subtype

Medical centers

APN

14-840-9605

APU

148409605

Description

This single-story, 8,178-square-foot medical office building in Oklahoma City, OK presents a fantastic investment opportunity. Located at 937 SW 89th St, 73139, this property boasts a prime location with convenient access to major thoroughfares including I-35, I-240, and I-44. The building features three suites, with one suite currently vacant, offering 2,730 square feet of readily available space. The building was renovated in 2005 and sits on a 1.74-acre lot, providing ample parking for 60 vehicles. The vacant suite is well-appointed and includes a spacious reception area, four exam rooms, three private offices, a break room, one ADA-compliant restroom, two standard restrooms, substantial storage space, and hookups for a washer and dryer. The property is zoned C-3 and is ideal for a variety of medical practices. This is a rare opportunity to acquire a well-maintained medical office building in a high-traffic area with excellent visibility and accessibility. The existing infrastructure and ample parking make this a turnkey solution for an expanding medical practice or a savvy investor seeking a strong return. Don't miss this chance to secure a valuable asset in a thriving Oklahoma City market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,092,017

  6.5%

  $1,008,016

  7%

  $936,015

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,026,330

  Geo Method

  $1,026,330

• Alternative Use

  Use

  Valuation

  Residential

  $1,249,940

  Hospitality

  $1,144,938

  Educational

  $952,575

  Medical

  $985,336

  Retail

  $1,481,784

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.3774

Longitude

-97.5316

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].