1100 Eastern AveOklahoma City, OK 73129

  • Office properties
  • 3,760 SF
For Sale
$9,500,000 View listing

Property Details for 1100 Eastern Ave

Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
30.24 AC
Property size (Sq ft)
3,760 SF
Property type
Office properties
APN
14-299-1600
APU
142991600

Description

This exceptional industrial property, located at 1100 S Eastern Ave, Oklahoma City, OK 73129, presents a unique investment opportunity. The property encompasses a substantial 33 acres of land and features a 20,903 square foot warehouse, meticulously maintained and upgraded. Built in 2000 and renovated in 2012, the property boasts a Class C designation and is zoned I-2. The asking price is $9,500,000, translating to $454.48 per square foot. The warehouse is configured as a single-tenant space and includes approximately 3,700 square feet of dedicated office space. The property features a 20-foot clear ceiling height, three-phase power (1,075 amps), and a comprehensive security camera system. The property is ideally suited for fleet maintenance or manufacturing operations. The north building, totaling 13,575 square feet, includes one 35' x 18' overhead door, ten 14' x 18' drive-thru overhead doors, and two 20' x 18' drive-thru overhead doors. A fire break wall separates a designated welding bay, and three 10-ton bridge cranes are installed, along with lubricant lines provided to each bay. The south building, comprising 3,628 square feet, offers seven 12' x 11' overhead doors and a dedicated paint booth. This property offers significant potential for a variety of industrial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $556,000
    6.5%
    $513,231
    7%
    $476,572
  • Comparable approach

    Method
    Valuation
    Relative Method
    $452,403
    Geo Method
    $452,403
  • Alternative Use

    Use
    Valuation
    Residential
    $636,407
    Hospitality
    $582,945
    Educational
    $485,003
    Medical
    $501,683
    Retail
    $754,450

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4554
Longitude
-97.4746
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
$20,988
$17,245
$148,711
$165,956
-
$176,912
$1,525,562
$1,702,474

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