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    509 7Th St Dewey, OK 74029

    For Sale
    $425,000

    Prime Dewey location, warehouse & office.

    Property size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Dewey, Oklahoma investment opportunity encompasses two buildings on a sizable lot, offering a unique blend of industrial and residential potential. The main structure is a 3,500-square-foot metal building, ideal for warehouse or retail use, boasting convenient access and location. Its versatility makes it suitable for a variety of businesses. Complementing this is a 1,024-square-foot office/house, recently updated with a new roof and windows. This secondary building presents an opportunity for rental income, either as residential housing or additional office space, enhancing the overall return on investment. The combined property sits on a lot ranging from 14,000 to 24,500 square feet, providing ample space for operations and future expansion. The property is zoned CH - Commercial, ensuring flexibility in its usage. Currently, interior photos are unavailable due to existing storage. The asking price for this combined property is $425,000, translating to $121.43 per square foot. This is a rare chance to acquire a multi-functional property in a desirable location, offering significant potential for both immediate use and long-term growth. The property consists of two single-story buildings.

    Property Features for 509 7Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    3,500 SF
    Class
    C

    Building Details

    Buildings
    2
    Stories
    1
    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
    Dewey
    County
    Washington
    State
    Oklahoma
    Longitude
    -95.9354199
    Latitude
    36.7982129

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    FAQs

    What type of property is this?
    Distribution property - Prime Dewey location, warehouse & office.
    Where is this distribution property located?
    The property is located at 509 7Th St Dewey, OK.
    What is the asking price?
    The asking price for this property is $425,000.
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    509 7Th St Dewey, OK 74029
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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
    509 7Th St Dewey, OK 74029
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