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    1400 Lera Dr Weatherford, OK 73096

    For Sale
    $449,900

    Versatile 5,104 sq ft building, vacant.

    Property size:
    5,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5,104 square foot mixed-use property, located at 1400 Lera Drive in Weatherford, Oklahoma, presents a unique investment opportunity. Built in 1997, this single-story building sits on a 0.54-acre lot and is zoned for urban commercial use. Previously configured as a medical clinic with a large gym/public area, the property offers a large open layout with ample office and storage space. Its adaptability makes it suitable for a variety of uses, including daycare, church, or sports/entertainment facilities. The property's versatile design allows for customization to meet the specific needs of a wide range of businesses. The high-growth area and strong, steady economy of Weatherford provide a stable market for this property. The vacant status allows for immediate occupancy and the opportunity to tailor the space to your exact specifications. The property's location in Custer County, Oklahoma, with a 73096 zip code, offers convenient access to local amenities and transportation routes. This is an excellent opportunity to acquire a substantial property in a thriving community.

    Property Features for 1400 Lera Dr

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    5,104 SF
    Lot Size
    23,522 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    HighLights

    • High‑growth submarket with significant development potential.
    • Versatile floor plan suitable for a variety of commercial uses.
    • Region boasts a robust and stable economy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Map

    City
    Weatherford
    County
    Custer
    State
    Oklahoma
    Longitude
    -98.671294382685
    Latitude
    35.5389012097

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    FAQs

    What type of property is this?
    Church & religious facility - Versatile 5,104 sq ft building, vacant.
    Where is this church & religious facility located?
    The property is located at 1400 Lera Dr Weatherford, OK.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: High-growth submarket with significant development potential.; Versatile floor plan suitable for a variety of commercial uses.; Region boasts a robust and stable economy.
    Request Owner's contact information
    1400 Lera Dr Weatherford, OK 73096
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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
    1400 Lera Dr Weatherford, OK 73096
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