Property profile

417 Dean A Mcgee Ave Oklahoma City, OK 73102

FOR SALE
Parking lots & garages
Property ID
US69-0584630
28,000 SF 0.48 ac lot Built 1925
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 28,000 square foot executive office building, located at 417 Dean A McGee Ave in Oklahoma City's Central Business District (zip code 73102), presents a unique investment opportunity. Built in 1925 and extensively renovated in 2019, this landmark property boasts a blend of historical charm and modern functionality. The building's concrete and steel construction ensures durability and longevity. Currently, the entire 28,000 square foot space is available for lease, offering a rare chance to acquire a substantial, single-tenant office building in a prime downtown location. The property sits on a 0.48-acre lot and includes its own adjacent private parking lot, a significant advantage in the bustling downtown area. The building is zoned for Downtown Business District use within Oklahoma County. Its impressive architecture provides fantastic views of the Oklahoma City skyline, making it an ideal location for a prestigious business. This is a legacy property offering a unique opportunity to own a substantial, standalone building in a highly desirable area. The building's single-suite configuration provides flexibility and control for a single occupant. The 2019 renovation ensures modern amenities and systems are in place.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1925
Construction BRICK
Total area 28,000 SF
Lot 0.48 ac (20,996 SF)
APN 01-001-8895
UPID US69-0584630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

417 Dean A Mcgee Ave Oklahoma City, OK 73102
Oklahoma City metro Census 103200 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.73M

Owner & transaction history

since 2018
3 recorded transactions
2018
$1.2M
2016
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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