12901 Clark CirShawnee, OK 74804

Property Details for 12901 Clark Cir

Year built

2008

Lot size

2.63 AC

Property size (Sq ft)

2,400 SF

Property type

Retail space

APN

0000-33-011-003-0-032-01

APU

33011003003201

Description

This exceptional investment opportunity presents a thriving self-storage facility and expansive shop complex ideally situated just south of I-40 at the Shawnee/Tecumseh exit in Pottawatomie County, Oklahoma. The property encompasses 2.6 acres and features 20 climate-controlled (spray foam insulation & sweat resistant roofs) 12' x 30' storage units with 10' overhead doors and electrical plugs, boasting an impressive 88% occupancy rate. Units rent for $150 per unit on a 6-month lease or $170 monthly. Security is ensured with a fully fenced perimeter and a 24-hour automatic gate. In addition to the storage units, the property includes a substantial 40' x 80' insulated shop with a 15' x 50' covered front area, two bathrooms (one with a shower), a drain system, and a heated and cooled front office space complete with a reception area and storefront. Eight 30' x 36' x 12' carports provide additional covered parking or storage. A separate 26' x 26' storage building further enhances the property's versatility. The entire property is fenced and cross-fenced for enhanced security and privacy. The 8,120 square foot facility is offered at $1,500,000 ($184.73/sq ft) and was built in 2008. The owner is willing to subdivide the property. This turnkey operation offers significant income potential and substantial space for expansion or customization, making it an attractive investment for discerning buyers seeking a high-demand commercial property with excellent highway visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $500,412

  6.5%

  $461,918

  7%

  $428,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $727,695

  Geo Method

  $727,695

• Alternative Use

  Use

  Valuation

  Residential

  $389,645

  Hospitality

  $356,913

  Educational

  $296,948

  Medical

  $307,160

  Retail

  $461,918

Location Insight

City

Shawnee

County

Pottawatomie

State

Oklahoma

Latitude

35.3783

Longitude

-96.9956

CBSA code

43060

CBSA name

SHAWNEE, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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