718 Broadway AveOklahoma City, OK 73102

Property Details for 718 Broadway Ave

Year built

1911

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 AC

Property size (Sq ft)

5,063 SF

Property type

Commercial real estate

APN

01-001-1804

APU

10011804

Description

This exceptional 3,000 square foot single-tenant space at 718 N Broadway Ave in Oklahoma City's vibrant Automobile Alley is now available for lease. The property boasts a newly renovated interior and benefits from high visibility directly on Broadway Avenue. Its location within the Automobile Alley submarket of Downtown Oklahoma City provides excellent pedestrian and streetcar access, ensuring high traffic and visibility for your business. The surrounding area features a diverse mix of eclectic retail shops and restaurants, creating a dynamic and attractive environment for both employees and customers. This versatile space is ideal for a variety of uses, including traditional office space, a retail store, or other suitable commercial ventures. The property is move-in ready, offering immediate occupancy and the opportunity to establish a presence in one of Oklahoma City's most sought-after commercial districts. The property is located in Oklahoma County, OK, zip code 73102. Its prime location and modern amenities make it an exceptional opportunity for businesses seeking a thriving and convenient location. This is a single-tenant property, offering exclusive use of the entire 3,000 square foot space.

• CAP approach

  CAP return

  Valuation

  6%

  $991,140

  6.5%

  $914,899

  7%

  $849,549

• Comparable approach

  Method

  Valuation

  Relative Method

  $609,180

  Geo Method

  $609,180

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,731,430

  Retail / Commercial

  $901,532

  Mixed-Use / Specialty

  $909,085

  Hospitality / Lodging

  $680,985

  Office

  $914,899

  Institutional / Educational

  $948,930

  Residential Income

  $1,110,250

  Multifamily

  $1,271,880

  Automotive / Energy

  $813,369

  Parking / Income-Based Land

  $270,046

  Restaurant / Food Service

  $495,801

  Healthcare / Senior Housing

  $921,208

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.4747

Longitude

-97.5138

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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