3120 Williams AveWoodward, OK 73801
- Retail space
- 4,500 SF
Property Details for 3120 Williams Ave
- Year built
- 1987
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 4,500 SF
- Property type
- Retail space
- APN
- 0410-06-22N-20W-2-229-00
- APU
- 04100622N20W222900
Description
This 250,000 dollar commercial property, located at 3120 Williams Ave in Woodward, Oklahoma, presents a fantastic opportunity for retail businesses. Constructed in 1987, the building offers a blend of renovated and ready-to-remodel space. A portion of the building has undergone recent improvements, making it immediately suitable for occupancy. The remaining area provides a chance to add value through further renovations, potentially generating rental income to offset operational costs. The property boasts ample customer parking, ensuring convenient access for patrons. Its prime location on Highway 270 guarantees excellent visibility and high traffic exposure, ideal for attracting customers. Note that kitchen equipment is available for separate purchase and is not included in the sale price. This property is a versatile investment, offering immediate usability combined with significant upside potential for growth and rental income. The building sits on a lot with zero acres. The square footage is not specified. This is an exceptional opportunity to establish a thriving business in a high-traffic area of Woodward.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,034,943
- 6.5%
- $955,332
- 7%
- $887,094
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,364,429
- Geo Method
- $1,364,429
-
Alternative Use
- Use
- Valuation
- Residential
- $805,858
- Hospitality
- $738,162
- Educational
- $614,142
- Medical
- $635,263
- Retail
- $955,332
Location Insight
- City
- Woodward
- County
- Woodward
- State
- Oklahoma
- Latitude
- 36.4179
- Longitude
- -99.3844
- CBSA code
- 49260
- CBSA name
- WOODWARD, OK MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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