4310 Oklahoma AveWoodward, OK 73801

  • Office buildings
  • 13,490 SF
For Sale
$525,000 View listing

Property Details for 4310 Oklahoma Ave

Year built
1968
Lot size
2.67 AC
Property size (Sq ft)
13,490 SF
Property type
Office buildings
APN
0410-27-23N-21W-3-309-00
APU
04102723N21W330900

Description

This exceptional commercial property in Woodward, OK, presents a significant investment opportunity. The property encompasses a substantial 13,490+ sq. ft. office building and a 3,600+ sq. ft. warehouse, situated on a 2.67-acre lot. The building boasts multiple entrances from Oklahoma Avenue (Highway 412), providing convenient access and ample parking. A secure, fenced yard with 50 parking spaces and a loading dock caters to efficient shipping and receiving. The office space is thoughtfully designed, featuring numerous private offices, meeting rooms, and restrooms strategically located throughout. Specialized rooms include a mail room, electronics room, and a secure safe room. All offices are equipped with hardwired internet access. The layout includes a leased east-side section (2,600+ sq. ft.) with independent access and parking, a central area with an open meeting space, warehouse access, and restrooms, and a west-side section with reception areas and multiple offices. A two-level office area offers 10 private offices, 12 cubicles, a break room, and restrooms. The upper level features six large offices, including four corner suites with reception areas, a conference room/break room, and a bathroom. The entire building benefits from central heating and air conditioning. Additional street access is available via B&B Drive to the north and the east side of the property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,110,541
    6.5%
    $1,948,192
    7%
    $1,809,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,623,117
    Geo Method
    $1,623,117
  • Alternative Use

    Use
    Valuation
    Residential
    $2,415,758
    Hospitality
    $2,212,822
    Educational
    $1,841,042
    Medical
    $1,904,358
    Retail
    $2,863,842

Location Insight

City
Woodward
County
Woodward
State
Oklahoma
Latitude
36.4344
Longitude
-99.439
CBSA code
49260
CBSA name
WOODWARD, 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
$4,469
$15,352
$33,633
$48,985
-
$139,566
$305,756
$445,322

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