1508 Neptune DrClinton, OK 73601

Property Details for 1508 Neptune Dr

Year built

1970

Lot size

0.47 AC

Property size (Sq ft)

1,074 SF

Property type

Office buildings

APN

1320-00-000-000-0-020-30

APU

132000000000002030

Description

This exceptional 4,600-square-foot office building presents a unique investment opportunity in the thriving Clinton, OK market. Situated at 1508 Neptune Drive, the property boasts prime street visibility and ample parking with 12 spaces directly in front. The building has recently undergone modernization, including the installation of brand new HVAC systems, ensuring energy efficiency and comfort for occupants. The interior layout is highly versatile and ideal for multi-tenant occupancy, featuring four private offices, perfect for individual businesses or departments. Two spacious boardrooms provide ample space for meetings and presentations, while four bathrooms, including two handicap-accessible units, cater to diverse needs. A dedicated data storage area offers secure space for sensitive information. The 0.47-acre lot provides ample space for future expansion or outdoor amenities. This well-maintained property offers immediate occupancy, making it an attractive option for businesses seeking a move-in ready space or investors looking to generate rental income through multiple tenants. The asking price of $125,000 represents a compelling value for this turnkey commercial property in a desirable location. Don't miss this chance to acquire a high-quality office building with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $155,472

  6.5%

  $143,513

  7%

  $133,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,224

  Geo Method

  $129,224

• Alternative Use

  Use

  Valuation

  Residential

  $177,956

  Hospitality

  $163,007

  Educational

  $135,620

  Medical

  $140,284

  Retail

  $210,964

Location Insight

City

Clinton

County

Custer

State

Oklahoma

Latitude

35.4935

Longitude

-98.979

CBSA code

48220

CBSA name

WEATHERFORD, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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