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    3200 48Th St Oklahoma City, OK 73112

    For Sale
    $3,200,000

    Oklahoma City Medical Office, 32,727-37,190 SF

    Property size:
    32,727 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents the Mayfair Center, a 100% occupied, Class B medical office building and event center. Located in the heart of Mayfair Village, Oklahoma City, at the intersection of NW 48th Street and Independence, this property boasts 32,727 to 37,190 square feet on a generous 4.08-acre lot (APN 133701200). The two-story building, constructed in 1952, features a unique three-wing design with ample bathrooms, kitchens, offices, open space, and storage. Significant upgrades have been made to the electrical, plumbing, and security systems. All bathrooms are ADA compliant and constructed of solid cinder blocks, providing a safe room during inclement weather. The building's solid cinder block and steel frame construction ensures durability. Currently zoned O-2, permitting community-based businesses, the property also includes a large fenced grassy yard ideal for outdoor activities and an open parking lot offering 2.44 parking spaces per 1,000 square feet. Established as a community hub, hosting local election boards and HOA meetings, this property offers a rare chance to acquire substantial square footage on over four acres in a prime Oklahoma City location. The asking price is $3,200,000.

    Property Features for 3200 48Th St

    General Information

    Property type
    Medical offices
    Square Feet
    32,727 SF
    Class
    B
    Lot Size
    177,725 SF

    Building Details

    Year Built
    1952
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Etiquette School for Teens School Hope for the Future Non-Profit Organization Rising High Christian ... School Dream BIG Productions ... Performing Arts Group Shae Leggett Medical Equipment Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5738954
    Latitude
    35.5198013

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    FAQs

    What type of property is this?
    Medical office - Oklahoma City Medical Office, 32,727-37,190 SF
    Where is this medical office located?
    The property is located at 3200 48Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $3,200,000.
    Request Owner's contact information
    3200 48Th St Oklahoma City, OK 73112
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    Oklahoma City, OK 73112
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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
    3200 48Th St Oklahoma City, OK 73112
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