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    401 Main St Duncan, OK 73533

    For Sale
    $750,000

    Prime 21,600 SF Distribution Center, $750K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 21,600-square-foot industrial distribution center, located at 401 E Main St, Duncan, OK 73533, presents a compelling investment opportunity or owner-user scenario. The single-story, Class C building sits on a 1.03-acre lot and boasts a 20-foot ceiling height, ideal for various distribution needs. Constructed in 1960 and extensively renovated in 2020, the property offers two loading docks and two dock-high doors, ensuring efficient loading and unloading operations. The property includes air conditioning and ample storage space. A long-term tenant is in place, offering a back lease under approved terms, potentially extending for five or more years. This is a true NNN lease, minimizing the owner's operational responsibilities. The property's strategic location in Stephens County, Oklahoma, provides easy access to major transportation routes, making it an attractive option for businesses seeking a well-maintained and functional distribution facility. The asking price is $750,000. This presents a rare opportunity to acquire a stable, income-producing asset with significant long-term potential.

    Property Features for 401 Main St

    General Information

    Property type
    Distribution properties
    Class
    C
    Lot Size
    44,867 SF

    Building Details

    Year Built/Renovated
    1960/2020
    Buildings
    1
    Stories
    1
    Units
    21600

    HighLights

    • On‑site amenities and ample storage.
    • Central air conditioning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Greener Leaf Wellness: ... Cannabis Store Paramore Supply Co Distribution Service Hi-Voltage Car Audio Car Stereo Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncan
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.9417984
    Latitude
    34.501261

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    FAQs

    What type of property is this?
    Distribution property - Prime 21,600 SF Distribution Center, $750K
    Where is this distribution property located?
    The property is located at 401 Main St Duncan, OK.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: On-site amenities and ample storage.; Central air conditioning.;
    Request Owner's contact information
    401 Main St Duncan, OK 73533
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    Duncan, OK 73533
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    Realmo Value Estimation

    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.

    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.

    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
    401 Main St Duncan, OK 73533
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