8827 Reno AveMidwest City, OK 73110

  • Medical offices
  • 1,296 SF
For Lease
$18.50/SF/YR View listing

Property Details for 8827 Reno Ave

Year built
1986
Construction
BRICK
Lot size
0.03 AC
Property size (Sq ft)
1,296 SF
Property type
Medical offices
Property subtype
Medical centers
APN
12-833-1030
APU
128331030

Description

This exceptional 1,296 square foot medical office space, located at 8827 E Reno Ave, Suite 202, in Midwest City, Oklahoma, presents a fantastic opportunity for dental specialists. Situated within a larger 3,532 square foot building constructed in 1986, this single-story property offers ample parking with 20 spaces available on a 0.05-acre lot. The suite itself is well-appointed and features a welcoming reception area, multiple patient rooms fully equipped with plumbing, and private offices designed for optimal workflow. The space is ideally suited for a dental practice requiring a comfortable and efficient environment for both practitioners and patients. Its strategic location ensures high visibility and easy accessibility, making it a highly desirable location. The property is zoned for medical use and is currently available for lease. This is a multiple-tenancy building, offering a collaborative environment. Please note that this space is exclusively for dental specialists

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $183,825
    6.5%
    $169,684
    7%
    $157,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $155,935
    Geo Method
    $155,935
  • Alternative Use

    Use
    Valuation
    Residential
    $210,409
    Hospitality
    $192,733
    Educational
    $160,352
    Medical
    $165,866
    Retail
    $249,436
8827 Reno Ave, Midwest City, Oklahoma

Location Insight

City
Midwest City
County
Oklahoma
State
Oklahoma
Latitude
35.4645
Longitude
-97.3724
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
$3,400
$17,164
$11,721
$28,885
-
$156,038
$106,560
$262,598

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