318 Main StStroud, OK 74079

  • Office buildings
  • 200 SF
For Sale
$100,000 View listing

Property Details for 318 Main St

Year built
1920
Lot size
0.08 AC
Property size (Sq ft)
200 SF
Property type
Office buildings
APN
6000-00-031-016-0-000-00
APU
600000031016000000

Description

This exceptional 2,576 square foot office building, situated on a 0.08-acre lot at 318 W Main Street in Stroud, Oklahoma, presents a remarkable investment opportunity. The property's adaptable layout offers significant flexibility for a variety of commercial uses. Previously occupied by a diverse range of businesses including a photography studio, retail shops, a restaurant, beauty salon, nail salon, and tanning salon, this building demonstrates its proven ability to accommodate multiple tenants or a single large-scale operation. The high-traffic location on Main Street ensures excellent visibility and accessibility for any business. The building's versatility allows for customization to suit individual needs, making it an ideal choice for entrepreneurs and investors seeking a profitable venture. The asking price is $100,000. This represents a compelling opportunity to acquire a well-located, adaptable commercial property with a history of successful occupancy. Potential buyers are responsible for independently verifying all information provided. Don't miss this chance to own a piece of Stroud's vibrant commercial landscape. Act quickly, as opportunities like this are rare.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,368
    6.5%
    $26,186
    7%
    $24,315
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,064
    Geo Method
    $24,064
  • Alternative Use

    Use
    Valuation
    Residential
    $32,470
    Hospitality
    $29,743
    Educational
    $24,746
    Medical
    $25,597
    Retail
    $38,493

Location Insight

City
Stroud
County
Lincoln
State
Oklahoma
Latitude
35.7487
Longitude
-96.6573
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN 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
2022
$881
$1,251
$9,143
$10,394
-
$11,375
$83,116
$94,491

FAQs

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