1475 Sunnylane RdDel City, OK 73115

Property Details for 1475 Sunnylane Rd

Year built

1970

Construction

BRICK

Lot size

3.64 AC

Property size (Sq ft)

1,776 SF

Property type

Turn key restaurants

APN

15-399-2810

APU

153992810

Description

This exceptional investment opportunity presents a 1.62-acre parcel in Del City, Oklahoma, featuring a 1,776 square foot vacant Pizza Hut building constructed in 1970. The property boasts a prime location at 1475 S Sunnylane Rd, offering 642 feet of high-visibility frontage on a major thoroughfare. Its strategic positioning provides easy access to Interstate 40, just 1200 feet away, ensuring significant traffic flow and exposure. The property is classified as QSR/Fast Food and Restaurant, and is ideal for redevelopment or repositioning. The existing structure offers a solid foundation for a variety of uses, while the expansive lot size presents significant potential for expansion or the addition of complementary businesses. The surrounding area is characterized by strong retail presence, with neighboring businesses including Dollar Tree, AutoZone, Church's Chicken, Dunkin', Sonic, Braum's, and Allstate Insurance, indicating a vibrant and established commercial district. This value-add investment opportunity is priced at $425,000 and presents a compelling chance to capitalize on a high-demand location with significant upside potential. The property's size and location make it an attractive prospect for a variety of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $411,110

  6.5%

  $379,486

  7%

  $352,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $538,495

  Geo Method

  $538,495

• Alternative Use

  Use

  Valuation

  Residential

  $320,111

  Hospitality

  $293,220

  Educational

  $243,956

  Medical

  $252,346

  Retail

  $379,486

Location Insight

City

Del City

County

Oklahoma

State

Oklahoma

Latitude

35.4512

Longitude

-97.442

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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