112 Highland AveCushing, OK 74023

Property Details for 112 Highland Ave

Year built

1978

Lot size

3.00 AC

Property size (Sq ft)

2,040 SF

Property type

Medical offices

Property subtype

Medical centers

APN

600006619

APU

600006619

Description

This exceptional 2,040 square foot commercial brick office building is ideally situated directly across from Hillcrest Hospital in Cushing, Oklahoma. Boasting a prime location and significant size, this property presents a rare investment opportunity. Originally constructed in 1974 to accommodate two separate dental practices, the building features a mirrored design with independent entrances, allowing for easy conversion back into two distinct office spaces. Currently configured as a single unit, the interior comprises eleven individual rooms/offices, ample waiting/reception areas, three bathrooms, a utility room, and a functional HVAC system. The building also includes the convenience of two attached garages, each equipped with automatic openers. The 0.24-acre lot provides ample space and parking. This property's versatile layout, excellent condition, and highly desirable location make it an attractive prospect for a variety of professional uses. The long-standing history as a medical office adds to its appeal, and the potential for subdivision offers significant flexibility for future tenants or owners. Don't miss this chance to acquire a well-maintained, established commercial property in a thriving Cushing neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $289,354

  6.5%

  $267,096

  7%

  $248,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $245,453

  Geo Method

  $245,453

• Alternative Use

  Use

  Valuation

  Residential

  $331,199

  Hospitality

  $303,376

  Educational

  $252,405

  Medical

  $261,086

  Retail

  $392,631

Location Insight

City

Cushing

County

Payne

State

Oklahoma

Latitude

35.9792

Longitude

-96.7562

CBSA code

44660

CBSA name

STILLWATER, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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