620 Carl Hubbell BlvdMeeker, OK 74855

  • Retail space
  • 150 SF
For Sale
$67,500 View listing

Property Details for 620 Carl Hubbell Blvd

Year built
1920
Lot size
0.08 AC
Property size (Sq ft)
150 SF
Property type
Retail space
APN
4500-00-003-018-0-000-00
APU
450000003018000000

Description

This 3,500 square foot commercial building in Meeker, Oklahoma, presents a unique investment opportunity. Situated on a 0.08-acre lot directly on Carl Hubbell Boulevard (Highway 62), this property boasts high visibility and convenient access. The building features a professional-style entrance with a commercial glass door leading into a spacious hallway. To the right, a door opens to a large open room or office area. Beyond the hallway, a large open area or lobby provides ample space for various uses. A sizable office with a large glass window facing the street is located off the lobby. Further inside, a large open space offers versatile potential, followed by a massive area with high ceilings. A full bathroom, complete with a tub/shower, toilet, vanity, and cabinets, is conveniently located within this area. A large open area at the rear of the building includes a garage door providing access to an alleyway, ideal for large deliveries, storage, or covered parking. The building's adaptable layout makes it suitable for a variety of commercial uses, including retail, office space, or restaurant operations. The asking price is $67,500. This property offers significant potential for growth and return on investment. Don't miss this chance to own a prominent commercial building in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,276
    6.5%
    $28,870
    7%
    $26,808
  • Comparable approach

    Method
    Valuation
    Relative Method
    $45,481
    Geo Method
    $45,481
  • Alternative Use

    Use
    Valuation
    Residential
    $24,353
    Hospitality
    $22,307
    Educational
    $18,559
    Medical
    $19,197
    Retail
    $28,870

Location Insight

City
Meeker
County
Lincoln
State
Oklahoma
Latitude
35.5035
Longitude
-96.9025
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

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
2022
$284
$797
$2,743
$3,540
-
$7,245
$24,934
$32,179

FAQs

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