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    704 Choctaw Ave Chickasha, OK 73018

    For Sale
    $475,000

    Industrial Flex Building, 5000 SF, Highway 62

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,000-square-foot flex space, located at 704 W. Choctaw Avenue in Chickasha, Oklahoma, presents a unique investment opportunity. Situated on a 0.38-acre lot in Grady County, this single-tenant property boasts a prime location on Highway 62 in downtown Chickasha, ensuring high visibility and accessibility. Built in 1979, the building features a 12-foot clear ceiling height, making it ideal for a variety of industrial and flex uses. The property includes three drive-in doors: two measuring 12 feet and one measuring 10 feet, facilitating easy loading and unloading. Previously used as a body shop, the building offers versatile space, including approximately 800 square feet of living quarters and 800 square feet of office space, providing ample room for both business operations and potential residential use. The property is zoned CR and benefits from a robust 800-amp power supply. The asking price is $475,000, and the lease type is NNN. This property is a rare find, combining prime location, versatile space, and significant potential for a variety of businesses. Don't miss this chance to acquire a well-established property in a thriving Oklahoma community. The zip code is 73018.

    Property Features for 704 Choctaw Ave

    General Information

    Property type
    Flex space
    Square Feet
    5,000 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1979
    Buildings
    1

    HighLights

    • 5,000 SF flex space on 0.38‑acre lot in Chickasha, OK.
    • Prime Highway 62 location in downtown Chickasha with high visibility.
    • 12‑foot clear ceiling height, three drive‑in doors (two 12', one 10').
    • Versatile space including 800 SF living quarters and 800 SF office space.
    • CR zoning, 800‑amp power, $475,000 asking price, NNN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chickasha
    County
    Grady
    State
    Oklahoma
    Longitude
    -97.9416334
    Latitude
    35.0526928

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    FAQs

    What type of property is this?
    Flex space - Industrial Flex Building, 5000 SF, Highway 62
    Where is this flex space located?
    The property is located at 704 Choctaw Ave Chickasha, 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: 5,000 SF flex space on 0.38-acre lot in Chickasha, OK.; Prime Highway 62 location in downtown Chickasha with high visibility.; 12-foot clear ceiling height, three drive-in doors (two 12', one 10').
    Request Owner's contact information
    704 Choctaw Ave Chickasha, OK 73018
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    Chickasha, OK 73018
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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
    704 Choctaw Ave Chickasha, OK 73018
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