521 Wilshire BlvdNichols Hills, OK 73116

  • Commercial real estate
  • 26,104 SF
For Sale
$3,950,000 View listing

Property Details for 521 Wilshire Blvd

Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.65 AC
Property size (Sq ft)
26,104 SF
Property type
Commercial real estate
APN
13-458-1013
APU
134581013

Description

This exceptional two-story, 26,104 square foot Class B office building, constructed in 1957 and renovated in 2006, is ideally situated on 1.65 acres along Wilshire Boulevard, west of Broadway Extension, offering easy access to the entire Oklahoma City metro area, particularly Nichols Hills and Edmond. Suite 200, encompassing the entire second floor, provides 6,697 square feet of versatile space, easily subdivided to meet specific tenant requirements. A private elevator and stunning downtown OKC views are exclusive benefits for single-tenant occupancy of this floor. The partially furnished suite includes desks, a large granite conference table, an open bullpen area, eight private offices with windows, private restrooms, and a substantial storage room with efficient roller-system shelving. A shared first-floor conference room adds further convenience. The building features multiple tenancies, yes elevators, and is zoned for office use. The property's APN is 134581013, located in Oklahoma County. Local ownership ensures responsive management and efficient processing of showings, lease agreements, and any necessary modifications to accommodate evolving business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $-15,949,152
    Hospitality
    $-14,609,338
    Educational
    $-12,154,797
    Medical
    $-12,572,820
    Retail
    $-18,907,462

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.5518
Longitude
-97.5234
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
$41,968
$35,622
$306,079
$341,701
-
$323,843
$2,782,533
$3,106,376

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