3050 Muskogee AveTahlequah, OK 74464

  • Office buildings
  • 5,416 SF
For Sale
$799,000 View listing

Property Details for 3050 Muskogee Ave

Year built
1960
Lot size
0.75 AC
Property size (Sq ft)
5,416 SF
Property type
Office buildings
APN
3999-09-16N-22E-0-036-00
APU
39990916N22E003600

Description

This 5,416 square foot mixed-use property, located at 3050 S Muskogee Avenue in Tahlequah, Oklahoma, is offered at $799,000 ($166/sq ft). Built in 1960, the property sits on a 3.96-acre lot (APN 110022448) and is zoned COMM. The building boasts approximately 175 feet of frontage on Muskogee Avenue/Highway 62, a high-traffic area, placing it just half a mile from a Walmart. This prime location offers significant development potential. All city utilities are available. While the specifics of the heating, cooling, water, sewer, and energy efficiency systems are described as "Other," this presents an opportunity for potential buyers to customize and upgrade these systems to meet their needs and preferences. This versatile property presents a unique investment opportunity in a thriving Oklahoma community. The property's size and location make it suitable for a variety of commercial uses, offering significant return potential for the savvy investor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $472,123
    6.5%
    $435,806
    7%
    $404,677
  • Comparable approach

    Method
    Valuation
    Relative Method
    $387,406
    Geo Method
    $387,406
  • Alternative Use

    Use
    Valuation
    Residential
    $540,399
    Hospitality
    $495,002
    Educational
    $411,836
    Medical
    $426,000
    Retail
    $640,634

Location Insight

City
Tahlequah
County
Cherokee
State
Oklahoma
Latitude
35.8809
Longitude
-94.9768
CBSA code
45140
CBSA name
TAHLEQUAH, OK MICROPOLITAN 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
2023
$3,294
$6,743
$28,341
$35,084
-
$87,882
$369,366
$457,248

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