1001 Douglas BlvdMidwest City, OK 73130

Property Details for 1001 Douglas Blvd

Year built

1986

Construction

TILT-UP CONCRETE

Lot size

4.12 AC

Property size (Sq ft)

21,936 SF

Property type

Medical offices

Property subtype

Medical centers

APN

15-018-3000

APU

150183000

Description

This exceptional 21,936 square foot medical office building in Midwest City, Oklahoma offers a unique investment or leasing opportunity. Located at 1001 S Douglas Blvd, this multi-tenant property enjoys a high-visibility location just off S. Douglas Blvd, ensuring excellent traffic exposure and accessibility. The building features modern infrastructure and ample parking, catering to the needs of both staff and patients. Currently, there are two available spaces ranging in size from 2,000 to 21,936 square feet, offering flexibility for various medical practices. The building's design and amenities make it ideal for clinics, healthcare providers, or other medical-related businesses seeking a well-established presence in a thriving market. Situated in Oklahoma County, with a 73130 zip code, this property presents a compelling investment prospect in a growing area. The building's strategic location and adaptable space make it an attractive option for businesses seeking to expand or establish a new medical facility. This is a rare opportunity to secure a well-maintained, high-traffic medical office building in a desirable location. The ample parking and modern infrastructure contribute to a positive patient and staff experience. Don't miss this chance to acquire or lease a prime medical office space in a rapidly developing area of Midwest City.

• CAP approach

  CAP return

  Valuation

  6%

  $3,111,402

  6.5%

  $2,872,064

  7%

  $2,666,916

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,639,340

  Geo Method

  $2,639,340

• Alternative Use

  Use

  Valuation

  Residential

  $3,561,359

  Hospitality

  $3,262,186

  Educational

  $2,714,100

  Medical

  $2,807,442

  Retail

  $4,221,934

Location Insight

City

Midwest City

County

Oklahoma

State

Oklahoma

Latitude

35.4555

Longitude

-97.3718

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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