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    1222 10Th St Woodward, OK 73801

    For Sale
    Contact for pricing

    Value-add investment, strong tenant base.

    Property size:
    14,761 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional value-add opportunity presents a 14,761 square foot office building in downtown Woodward, OK, situated on a 0.52-acre lot (APN: 0001-00-081-011-0-000-00

    Property Features for 1222 10Th St

    General Information

    Property type
    Medical offices
    Square Feet
    14,761 SF
    Lot Size
    22,651 SF

    HighLights

    • Multi‑tenant office building offering value‑add potential in a prime downtown Main & Main location.
    • Stable, long‑term leases with government‑backed Oklahoma State tenants.
    • Below‑market rents on short‑term leases present significant upside for rental rate increases.
    • High traffic counts of 39,837 cars per day on US Hwy 270 and State Highway 34 provide excellent visibility.
    • Strong surrounding retail including national brands like Walgreens, Walmart, and multiple hotels.
    • Debt‑free acquisition offering substantial upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northwest Center-Behavioral Mental Health Service Della Shrum Counselor Mario Perez Counselor Mental Health Department Public Health Department

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Woodward
    County
    Woodward
    State
    Oklahoma
    Longitude
    -99.3913644
    Latitude
    36.4339772

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    FAQs

    What type of property is this?
    Medical office - Value-add investment, strong tenant base.
    Where is this medical office located?
    The property is located at 1222 10Th St Woodward, OK.
    What are key features of this property?
    This property features: Multi-tenant office building offering value-add potential in a prime downtown Main & Main location.; Stable, long-term leases with government-backed Oklahoma State tenants.; Below-market rents on short-term leases present significant upside for rental rate increases.
    Request Owner's contact information
    1222 10Th St Woodward, OK 73801
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    Woodward, OK 73801
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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
    1222 10Th St Woodward, OK 73801
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