Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1468 N Mustang Rd Mustang, OK

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Turnkey medical clinic with efficient layout and certified X-ray.

    Type:OFFICE
    Property size:
    7,020 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $256/SF
    Added:
    Jul 2, 2024
    Days on Market:
    667
    Last Refresh:
    Apr 5 at 10:51 pm

    Property Features for 1468 N Mustang Rd

    General Information

    Standard status
    Active
    Size
    7,020 SF
    Lot size
    0.28 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    George Huffman
    George Huffman

    Listing agent George Huffman License #49514

    Listing office InterWest Properties, Inc

    Listing date Jul 2, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of InterWest Properties, Inc

    Overview

    Turnkey Medical Clinic For Sale

    This 7,020 square foot property is a turnkey medical clinic designed for efficient patient flow. It features a large waiting room, over a dozen exam rooms, a certified X-ray machine, a nurse’s station, and physician offices. Additionally, it has a break room for staff. This former primary care clinic is a flexible space that can serve dentists, physical therapists, pediatricians, and more. The property is located in Mustang, Oklahoma.
    Location Intelligence

    Current Use by Public Records

    Dennis Kelly M Employment Agency Bourne Michelle L Employment Agency Acosta Jose MD Pediatrician Dr. Craig Rogers Physician Mrs. Chelsea Lowery Pediatrician

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dr. Nita McNeill — 130 E State Hwy 152, Mustang, OK 73064
    • Dr. Terry Wood, DVM — 400 W State Hwy 152, Mustang, OK 73064
    • Dr Carissa Harold — 130 E State Hwy 152, Mustang, OK 73064
    • Mustang Animal Health Clinic — 130 E State Hwy 152, Mustang, OK 73064

    Location Insight

    • Map
    • Local Demand
    City
    Mustang
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.7241
    Latitude
    35.3783

    Nearby Similar for Sale

    • $600,000
      3,000 SF

      Highway Frontage Commercial Property

      3,000 SF building on 1/2 acre with highway frontage.
      1608 E State Highway 152, Mustang, OK 73064
      View Details
    • $322,000
      1,800 SF

      Turn-Key Investment Property Package

      Two newer homes, leased through May 2027, ideal for investors.
      1313 N Beale Terrace, Mustang, OK 73064
      View Details
    • $995,000
      5,447 SF

      Remodeled Office Building Near Highway

      Garden-style office building remodeled in 2022 with modern amenities.
      301 Sara Rd, Mustang, OK
      View Details
    • $2,078
      3,500 SF

      New Commercial Property in Mustang

      New commercial property in Mustang, completed in 2024, ample parking.
      220 Chisholm Trail Way 106, Mustang, OK 73064
      View Details
    • $850,000
      4,880 SF

      4,880 SF on 0.94 Acres MOL Retail Building For Sale-547-553 N. Mustang Road

      Retail property in Mustang, OK, near Oklahoma City.
      547-553 N. Mustang Road, Mustang, OK 73604
      View Details
    • $364,999
      2,202 SF

      Commercial Property in Mustang, Oklahoma

      Commercial property for sale in Mustang, Oklahoma.
      500 Park Place, Mustang, OK 73064
      View Details
    • Contact for pricing
      1,993 SF

      1,993 SF on 0.35 Acres Retail Building For Sale or Lease - 331 N. Mustang Road

      1,993 SF retail building on 0.35 acres in Mustang, OK.
      331 N. Mustang Road, Mustang, OK 73064
      View Details
    • $7,500,000
      97,835 SF

      Mustang, OK Self-Storage Facility

      97,835 SF self-storage facility in Mustang, OK for sale.
      721 N Clear Springs Rd, Mustang, OK 73064
      View Details
    • $1,800,000
      7,020 SF

      Turnkey Medical Clinic in Mustang

      Professionally designed medical clinic ready for immediate use.
      1468 N Mustang Road, Mustang, OK 73064
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Turnkey medical clinic with efficient layout and certified X-ray.
    Where is this medical office space located?
    The property is located at 1468 N Mustang Rd Mustang, OK.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Turnkey medical clinic ready for immediate use.; Designed for efficient patient flow.; Includes over a dozen exam rooms.
    (405) 409-4400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing George Huffman
    George Huffman
    Real Estate License ID: 49514
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!