248 Production RdClinton, OK 73601

  • Office buildings
  • 4,000 SF
For Sale
$469,000 View listing

Property Details for 248 Production Rd

Year built
1980
Lot size
2.79 AC
Property size (Sq ft)
4,000 SF
Property type
Office buildings
APN
0790-00-002-002-0-00A-00
APU
079000002002000A00

Description

This exceptional 4,000 square foot commercial or industrial office building presents a remarkable opportunity in Clinton, Oklahoma. Strategically located with convenient access to Interstate 40, this property boasts a secure environment, fully enclosed by a perimeter security fence. The spacious interior layout includes nine large individual offices, providing ample room for a variety of business needs. In addition to the private offices, the property features four to five cubicles, a welcoming reception area, a well-equipped kitchen, and a dedicated conference room for meetings and presentations. Significant storage space is available throughout the building, catering to diverse storage requirements. A designated technology area is included, offering a dedicated space for IT infrastructure. Furthermore, a built-in storm shelter provides crucial protection during inclement weather. The property sits on a substantial 2.79-acre lot, offering ample room for expansion or future development. This turnkey ready building is immediately available and perfectly suited for a range of businesses seeking a well-maintained and secure location in Western Oklahoma. The property's prime location and comprehensive features make it an ideal investment for those seeking a functional and efficient workspace. The asking price is $469,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $549,438
    6.5%
    $507,174
    7%
    $470,947
  • Comparable approach

    Method
    Valuation
    Relative Method
    $481,280
    Geo Method
    $481,280
  • Alternative Use

    Use
    Valuation
    Residential
    $628,895
    Hospitality
    $576,065
    Educational
    $479,279
    Medical
    $495,762
    Retail
    $745,545

Location Insight

City
Clinton
County
Custer
State
Oklahoma
Latitude
35.4848
Longitude
-98.9696
CBSA code
48220
CBSA name
WEATHERFORD, OK MICROPOLITAN 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
$1,511
$2,670
$11,562
$14,232
-
$24,273
$105,108
$129,381

FAQs

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