200 Grand AvePonca City, OK 74601

Property Details for 200 Grand Ave

Year built

1928

Lot size

0.08 AC

Property size (Sq ft)

3,473 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

0660-00-048-012-0-000-00

APU

66000048012000000

Description

This exceptional 14,000-square-foot commercial property, located at 200 W Grand Ave in Ponca City, Oklahoma, presents a unique investment opportunity. Built in 1927, this two-story building boasts a prime downtown location offering unparalleled visibility and accessibility. The versatile space is ideal for a variety of uses, including retail, office, or warehousing. Key features include a convenient car elevator, enhancing functionality and ease of access, along with two overhead garage doors perfect for loading and unloading. The building's fireproof construction, featuring a durable metal and brick exterior, ensures both safety and longevity. The 12-foot ceiling height adds to the spacious feel. Situated on a desirable corner lot, this property offers exceptional potential for businesses seeking a prominent downtown presence. The asking price is $250,000, translating to $17.86 per square foot. This represents a rare chance to acquire a substantial commercial building in a thriving downtown area. Don't miss this opportunity to secure a valuable asset with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $879,585

  6.5%

  $811,925

  7%

  $753,930

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,053,036

  Geo Method

  $1,053,036

• Alternative Use

  Use

  Valuation

  Residential

  $684,889

  Hospitality

  $627,355

  Educational

  $521,952

  Medical

  $539,902

  Retail

  $811,925

Location Insight

City

Ponca City

County

Kay

State

Oklahoma

Latitude

36.7034

Longitude

-97.0823

CBSA code

38620

CBSA name

PONCA CITY, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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