351 Air Depot BlvdMidwest City, OK 73110

Property Details for 351 Air Depot Blvd

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.14 AC

Property size (Sq ft)

76,235 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

15-645-6510

APU

156456510

Description

Heritage Plaza, a 75,071 square foot Class B commercial property in Midwest City, Oklahoma, offers versatile office space for lease. Located at 351 N Air Depot Blvd, 73110, this multi-tenant building provides a range of options, ideal for businesses seeking flexible and adaptable spaces. Currently, there are 6,098 square feet of vacant space available, with individual suites ranging from a minimum of 2,930 square feet to a maximum contiguous space of 3,168 square feet. The property's convenient location is just a few miles north of Interstate 40 and Tinker Air Force Base, benefiting from strong proximity to major transportation routes and a substantial workforce. Heritage Plaza is situated near Heritage Park Mall and residential areas, ensuring high visibility and convenient access for employees and customers. The building is suitable for various office uses, including traditional, executive, coworking, medical, and creative office spaces. This diverse property type caters to a wide array of business needs, offering a prime opportunity for growth and expansion in a thriving community. The property's location within a lifestyle shopping center provides added benefits, including increased foot traffic and exposure to a diverse customer base. This presents a unique opportunity for businesses seeking a strategic location with high visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $15,895,363

  6.5%

  $14,672,643

  7%

  $13,624,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,114,940

  Geo Method

  $23,114,940

• Alternative Use

  Use

  Valuation

  Residential

  $12,376,923

  Hospitality

  $11,337,195

  Educational

  $9,432,413

  Medical

  $9,756,809

  Retail

  $14,672,643

Location Insight

City

Midwest City

County

Oklahoma

State

Oklahoma

Latitude

35.4688

Longitude

-97.4076

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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