3100 1St StChandler, OK 74834

Property Details for 3100 1St St

Year built

2007

Lot size

15.01 AC

Property size (Sq ft)

1,000 SF

Zone code

IP

Property type

Outlet malls

APN

2635-00-000-000-4-003-00

APU

263500000000400300

Description

This exceptional 1.27-acre commercial land parcel presents a prime investment opportunity in Chandler, Oklahoma. Located at 3100 E 1st Street (Highway 66), this hard corner outparcel boasts high visibility and accessibility. The property features 336 feet of frontage on East 1st Street and 248 feet on Industrial Road, providing ample space for development. Zoned IP, this site is ideally suited for a variety of commercial uses, including retail establishments, restaurants with drive-thru capabilities, and other typical pad site users. The expansive 55,321 square foot lot offers significant potential for building a substantial structure. Its strategic location along a major highway ensures high traffic volume and excellent exposure for any business. This is a rare opportunity to acquire a well-positioned commercial property in a growing area. The property's size and zoning make it an attractive option for developers and investors seeking a strong return on investment. The location in Lincoln County, Oklahoma, with a zip code of 74834, offers easy access to local amenities and a thriving community. This exceptional outlot presents a unique chance to establish a successful commercial venture in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $208,505

  6.5%

  $192,466

  7%

  $178,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $303,206

  Geo Method

  $303,206

• Alternative Use

  Use

  Valuation

  Residential

  $162,352

  Hospitality

  $148,714

  Educational

  $123,728

  Medical

  $127,983

  Retail

  $192,466

Location Insight

City

Chandler

County

Lincoln

State

Oklahoma

Latitude

35.7113

Longitude

-96.842

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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