710 Broadway StDrumright, OK 74030

Property Details for 710 Broadway St

Year built

1980

Construction

WOOD

Lot size

0.50 AC

Property size (Sq ft)

1,100 SF

Property type

Retail space

APN

9999-05-017-007-0-180-00

APU

999905017007018000

Description

This exceptional 1,100-square-foot office building, situated on a half-acre lot at 710 E Broadway Street, Unit 710, Drumright, OK, presents a remarkable investment opportunity. The property boasts a highly visible location directly on Highway 33, ensuring maximum exposure for any business. Recently and completely updated, the charming brick building features modern finishes throughout. Currently configured as a dispensary, the versatile layout is adaptable to a wide range of retail or office uses. The spacious interior is ready for immediate occupancy, offering a turnkey solution for entrepreneurs seeking a thriving location. The half-acre lot provides ample space for parking and potential future expansion. This property represents a rare chance to acquire a well-maintained, high-visibility commercial space in a desirable location. Its strategic placement on a major highway guarantees high traffic volume and excellent visibility, making it an ideal choice for businesses seeking to establish a strong presence in Drumright. The modern interior and versatile layout offer flexibility for a variety of commercial ventures. Don't miss this opportunity to own a piece of Drumright's vibrant commercial landscape. The asking price is $95,000.

• CAP approach

  CAP return

  Valuation

  6%

  $218,433

  6.5%

  $201,630

  7%

  $187,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $198,281

  Geo Method

  $198,281

• Alternative Use

  Use

  Valuation

  Residential

  $170,083

  Hospitality

  $155,795

  Educational

  $129,620

  Medical

  $134,077

  Retail

  $201,630

Location Insight

City

Drumright

County

Creek

State

Oklahoma

Latitude

35.9882

Longitude

-96.5914

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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