614 CentralBillings, OK 74630

Property Details for 614 Central

Year built

1979

Lot size

0.07 AC

Property size (Sq ft)

1,500 SF

Property type

Grocery and convenience stores

APN

2020-00-001-022-0-001-00

APU

202000001022000100

Description

This exceptional investment opportunity presents a 0.25-acre commercial lot located at 614 North Central in Billings, Oklahoma, zip code 74630. Currently configured as an office space, this property boasts a high-traffic location directly on Highway 15, making it an ideal spot for a variety of businesses. The building's square footage is currently unlisted, offering flexibility for potential buyers to customize the space to their specific needs. The property's strategic placement within the community of Billings makes it a vital part of the local landscape, serving residents and farmers alike. Its history as a business offering hot lunches, fuel, and cold drinks demonstrates its established presence and potential for continued success. The asking price for this property is $125,000. This presents a unique chance to acquire a well-situated commercial property in a thriving Oklahoma town. The property's location on a major highway ensures high visibility and accessibility, making it an attractive investment for entrepreneurs and business owners seeking a strong foothold in the Billings market. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $357,954

  6.5%

  $330,419

  7%

  $306,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $454,810

  Geo Method

  $454,810

• Alternative Use

  Use

  Valuation

  Residential

  $278,721

  Hospitality

  $255,307

  Educational

  $212,412

  Medical

  $219,718

  Retail

  $330,419

Location Insight

City

Billings

County

Noble

State

Oklahoma

Latitude

36.5349

Longitude

-97.4437

Property Tax & Assessments

FAQs

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