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    116 Kerr Blvd Wynnewood, OK 73098

    Sponsored
    For Sale
    $280,000

    Versatile Office Space, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This bank-owned, single-story office building in Wynnewood, Oklahoma, presents a unique investment opportunity. Built in 1950, the property sits on a 0.68-acre lot and is zoned COM. The 116 E Kerr Blvd address offers easy access and visibility. The building's flexible layout is ideal for a variety of uses, including medical, executive, or traditional office space. The property features two distinct sections. The south side boasts a reception/administration area, thirteen medical offices, and three bathrooms. The north side offers fifteen medical offices and three additional bathrooms. Ample parking is available across two sizable lots, catering to both staff and clients. The spacious waiting areas are a key feature, making this property suitable for a high-traffic business or government services center. The asking price is $280,000. This represents a compelling opportunity to acquire a substantial commercial property in a desirable location at a competitive price. The property's versatility and ample space make it an attractive option for a wide range of commercial enterprises. The building's solid construction and established location offer a strong foundation for future growth and profitability. Don't miss this chance to own a prime piece of Wynnewood commercial real estate.

    Property Features for 116 Kerr Blvd

    General Information

    Property type
    Medical offices
    Lot Size
    29,621 SF

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    HighLights

    • Highly versatile facility suitable for a single large tenant or two separate businesses.
    • South side features reception, 13 medical offices, and 3 bathrooms; north side includes 15 medical offices and 3 bathrooms.
    • Excellent location for government services, offering ample waiting areas and two large parking lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Electronics Store Smoke and Vape Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wynnewood
    County
    Garvin
    State
    Oklahoma
    Longitude
    -97.1696522
    Latitude
    34.643217

    Nearby Comparable

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    Nearby Similar for Sale

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      Iconic Wynnewood Retail Opportunity

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    FAQs

    What type of property is this?
    Medical office - Versatile Office Space, Excellent Location
    Where is this medical office located?
    The property is located at 116 Kerr Blvd Wynnewood, OK.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Highly versatile facility suitable for a single large tenant or two separate businesses.; South side features reception, 13 medical offices, and 3 bathrooms; north side includes 15 medical offices and 3 bathrooms.; Excellent location for government services, offering ample waiting areas and two large parking lots.
    Request Owner's contact information
    116 Kerr Blvd Wynnewood, OK 73098
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    Wynnewood, OK 73098
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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
    116 Kerr Blvd Wynnewood, OK 73098
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