325 Dean A Mcgee AveOklahoma City, OK 73102

  • Commercial real estate
  • 7,000 SF
For Sale
$1,075,000 View listing

Property Details for 325 Dean A Mcgee Ave

Year built
1929
Construction
CONCRETE
Lot size
0.16 AC
Property size (Sq ft)
7,000 SF
Property type
Commercial real estate
APN
01-001-6480
APU
10016480

Description

This 7,000 square foot, Class B office building at 325 Dean A. McGee Avenue in Oklahoma City, OK, presents a unique owner/user opportunity. Built in 1929 and renovated in 2018, this fee-simple property boasts a versatile layout ideal for various professional services. Currently vacant, the building features fifteen plus individual offices, a spacious conference room, a well-equipped kitchen, and multiple restrooms. The property includes rooftop parking and a separate smaller office suite. Situated in the heart of downtown, it offers exceptional walkability to both the Oklahoma County Courthouse and the United States Courthouse, making it particularly attractive to legal professionals. The 7,000 square foot lot is zoned DBD. The asking price is $1,075,000 ($153.57/sq ft). This prime location provides easy access to numerous downtown amenities, including restaurants, shops, and public transportation, ensuring high visibility and convenience. The property consists of one, single-story building with two units. This is a rare opportunity to acquire a well-maintained, centrally located office building with significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,383,972
    Hospitality
    $1,267,711
    Educational
    $1,054,720
    Medical
    $1,090,994
    Retail
    $1,640,676

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4712
Longitude
-97.5191
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,465
$11,550
$24,802
$36,352
-
$105,000
$225,480
$330,480

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