801 Hinckley StHoldenville, OK 74848

  • Office buildings
  • 1,560 SF
For Sale
$89,000 View listing

Property Details for 801 Hinckley St

Year built
1955
Lot size
0.19 AC
Property size (Sq ft)
1,560 SF
Property type
Office buildings
APN
0185-00-A08-010-0-005-01
APU
018500A08010000501

Description

This exceptional 1,560-square-foot office building in Holdenville, Oklahoma, presents a compelling investment opportunity or a perfect space for your business. Situated on a 0.19-acre lot at a prime corner location on North Hinckley Street, this property boasts excellent visibility and accessibility from three sides, including a high-traffic road. The building features a spacious reception area with seating for approximately ten people, plus a separate waiting area accommodating fifteen. Convenient amenities include a customer restroom, an employee restroom, and a breakroom, along with ample storage space. Parking is readily available for over ten vehicles. Currently leased to a tenant until April 30, 2025, at a monthly rental income of $1,100, with utilities covered by the tenant. This provides a stable income stream for investors. The sale includes the real estate only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $234,444
    6.5%
    $216,410
    7%
    $200,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $187,699
    Geo Method
    $187,699
  • Alternative Use

    Use
    Valuation
    Residential
    $268,349
    Hospitality
    $245,806
    Educational
    $204,508
    Medical
    $211,541
    Retail
    $318,123

Location Insight

City
Holdenville
County
Hughes
State
Oklahoma
Latitude
35.0846
Longitude
-96.3917

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
$511
$982
$4,504
$5,486
-
$8,925
$40,941
$49,866

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