603 Highpoint DrStillwater, OK 74075

Property Details for 603 Highpoint Dr

Year built

1987

Lot size

0.24 AC

Property size (Sq ft)

1,800 SF

Property type

Auto shops

APN

600011764

APU

600011764

Description

This exceptional 1800-square-foot commercial property, located at 603 W Highpoint Dr, Stillwater, OK 74075, presents a unique opportunity for a variety of businesses. The metal building features a flexible layout suitable for retail, office, or special-purpose uses, currently configured as a shop, storage, and garage space. The single-tenant building boasts city electric, gas, and plumbing hookups, ensuring operational convenience. Ample storage is provided by built-in shelves, and access is facilitated by three garage doors (two 8x10 feet and one 16x10 feet). A convenient bathroom and utility closet are included. The property also offers four parking spaces for employees and clients. Zoned CG, this property is ideally situated in Stillwater, Oklahoma. A significant advantage is the available space behind the building, offering potential for future expansion or customization to meet specific business needs. The lease is a single-net lease at a monthly rate of $900.

• CAP approach

  CAP return

  Valuation

  6%

  $429,545

  6.5%

  $396,503

  7%

  $368,181

• Comparable approach

  Method

  Valuation

  Relative Method

  $545,772

  Geo Method

  $545,772

• Alternative Use

  Use

  Valuation

  Residential

  $334,465

  Hospitality

  $306,368

  Educational

  $254,895

  Medical

  $263,661

  Retail

  $396,503

Location Insight

City

Stillwater

County

Payne

State

Oklahoma

Latitude

36.142

Longitude

-97.0653

CBSA code

44660

CBSA name

STILLWATER, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].