1200 Rockwell AveOklahoma City, OK 73127

  • Strip malls
  • 12,496 SF
For Lease
$6/SF/YR View listing

Property Details for 1200 Rockwell Ave

Year built
1977
Construction
STEEL FRAME
Lot size
1.23 AC
Property size (Sq ft)
12,496 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
14-799-6215
APU
147996215

Description

This exceptional 12,000 square foot commercial property, located in Oklahoma County, presents a unique investment opportunity. Currently configured as a single-tenant space, 10,000 square feet are immediately available, offering significant flexibility for a variety of uses. The property's classification as Retail, Office, and Industrial allows for diverse occupancy options, making it ideal for businesses seeking adaptable space. The building's versatile layout is well-suited for medical offices, traditional office spaces, or flexible industrial applications. Its single-tenant configuration provides a streamlined operational environment, minimizing complexities associated with multiple tenants. The substantial vacant space offers a blank canvas for customization, allowing prospective tenants to design the interior to perfectly match their specific needs and operational requirements. Situated in a prime Oklahoma County location, this property benefits from excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic location to establish or expand their operations. The 12,000 square foot total building size provides ample room for growth and expansion, while the existing infrastructure offers a solid foundation for immediate occupancy. This property represents a compelling opportunity for businesses seeking a versatile and strategically located commercial space in Oklahoma City.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,713,868
    6.5%
    $2,505,109
    7%
    $2,326,173
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,788,867
    Geo Method
    $3,788,867
  • Alternative Use

    Use
    Valuation
    Residential
    $2,113,154
    Hospitality
    $1,935,637
    Educational
    $1,610,428
    Medical
    $1,665,812
    Retail
    $2,505,109

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4812
Longitude
-97.6362
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
$6,133
$13,227
$37,083
$50,310
-
$161,235
$452,022
$613,257

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