200 Broadway StThomas, OK 73669

Property Details for 200 Broadway St

Year built

1910

Lot size

0.16 AC

Property size (Sq ft)

2,345 SF

Property type

Retail space

APN

0140-00-100-001-0-000-00

APU

14000100001000000

Description

This exceptional commercial property, known as "Water Hole 33," presents a unique investment opportunity in Thomas, Oklahoma. Located on two lots along Highway 33, this 2,345 square foot building boasts a prime location within walking distance of the downtown area. The property features energy-efficient solar panels and a recently installed gas line, enhancing its operational efficiency. The building's character is highlighted by a charming painted vintage tin ceiling, while the recently painted exterior near the north entrance adds to its curb appeal. A convenient drive-up window is situated on the east side. The property is being sold "AS IS" in its current condition, with no repairs included. Note that some items are reserved. Thomas enjoys convenient access to Interstate 40 (approximately 17 miles north), and nearby towns like Weatherford and Clinton, OK. This commercially zoned building offers significant potential for a variety of businesses. The asking price is $169,900.

• CAP approach

  CAP return

  Valuation

  6%

  $529,107

  6.5%

  $488,406

  7%

  $453,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $711,019

  Geo Method

  $711,019

• Alternative Use

  Use

  Valuation

  Residential

  $411,989

  Hospitality

  $377,380

  Educational

  $313,976

  Medical

  $324,774

  Retail

  $488,406

Location Insight

City

Thomas

County

Custer

State

Oklahoma

Latitude

35.7436

Longitude

-98.749

CBSA code

48220

CBSA name

WEATHERFORD, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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