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    1917 Commerce Choctaw, OK 73020

    For Sale
    $600,000

    Prime Commercial Office, 2,478 sq ft, Vacant

    Property size:
    2,478 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,478-square-foot traditional office building presents a compelling investment opportunity in the thriving Choctaw community, Oklahoma. Located within the Choctaw Creek Business Park, this vacant property sits on a half-acre lot and boasts ample private parking. The building features eleven offices of varying sizes, ideal for a variety of business configurations. The main office includes a private full bathroom, enhancing executive convenience. A well-equipped kitchen/break room, complete with a refrigerator, dishwasher, and convection microwave, provides a comfortable space for employees. A climate-controlled server room ensures data security, and convenient washer/dryer connections add to the building's practicality. Future expansion is facilitated by a reinforced and decked attic, accessible via a heavy-duty lift, providing significant storage capacity. The property's commercial zoning allows for diverse business applications, making it an attractive prospect for entrepreneurs and established businesses alike. This location offers easy access to the vibrant and rapidly growing Choctaw area, presenting a strong potential for return on investment. The asking price is $600,000.

    Property Features for 1917 Commerce

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,478 SF
    Lot Size
    21,780 SF

    HighLights

    • 2,478 SF traditional office building in Choctaw, OK's Choctaw Creek Business Park.
    • Vacant, half‑acre lot with ample parking.
    • Eleven offices, main office with private bath, kitchen/breakroom with appliances, climate‑controlled server room, and washer/dryer hookups.
    • Reinforced, decked attic with heavy‑duty lift for storage expansion.
    • Commercially zoned, $600,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Choctaw
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.271626814899
    Latitude
    35.488914464017

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Commercial Office, 2,478 sq ft, Vacant
    Where is this office property / space located?
    The property is located at 1917 Commerce Choctaw, OK.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 2,478 SF traditional office building in Choctaw, OK's Choctaw Creek Business Park.; Vacant, half-acre lot with ample parking.; Eleven offices, main office with private bath, kitchen/breakroom with appliances, climate-controlled server room, and washer/dryer hookups.
    Request Owner's contact information
    1917 Commerce Choctaw, OK 73020
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    1917 Commerce
    Choctaw, OK 73020
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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
    1917 Commerce Choctaw, OK 73020
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