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    1324 89Th St Oklahoma City, OK 73159

    Sponsored
    For Sale
    $475,000

    Newly remodeled, high-visibility office/retail building.

    Property size:
    4,747 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,747 square foot creative office building, located at 1324 SW 89th Street in Oklahoma City, Oklahoma, presents a unique owner-user or investment opportunity. Situated on a 16,229 square foot lot, this single-story, Class B building boasts a prime location with high visibility, experiencing over 17,000 vehicles passing daily. Completely renovated in 2022, the property offers multiple suites suitable for a variety of uses, including office and retail spaces. The asking price is $475,000, translating to $100.06 per square foot. Built in 1950, this mixed-use property is currently vacant and zoned SPUD-1267, providing flexibility for diverse business ventures. Its strategic location in Cleveland County, zip code 73159, offers easy access to major transportation routes and a thriving local market. This is an excellent chance to acquire a well-maintained, high-traffic property with significant potential for immediate occupancy or lucrative investment returns.

    Property Features for 1324 89Th St

    General Information

    Property type
    Office space
    Square Feet
    4,747 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1950/2022
    Buildings
    1
    Stories
    1

    HighLights

    • Newly renovated space.
    • Multiple suites available, suitable for office or retail use.
    • High visibility location with 17,000 vehicles passing daily (VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    iZen Rx Herbal Medicine Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.540466370004
    Latitude
    35.377103087254

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    FAQs

    What type of property is this?
    Office space - Newly remodeled, high-visibility office/retail building.
    Where is this office space located?
    The property is located at 1324 89Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Newly renovated space.; Multiple suites available, suitable for office or retail use.; High visibility location with 17,000 vehicles passing daily (VPD).
    Request Owner's contact information
    1324 89Th St Oklahoma City, OK 73159
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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
    1324 89Th St Oklahoma City, OK 73159
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