214 Ok-18 Chandler, OK 74834
This Chandler, Oklahoma commercial property, located just 0.3 miles from the Turner Turnpike/I-44, presents a unique investment opportunity. The 9,014 square foot building, constructed in 1961, includes a 3,549 square foot main building and eleven garage bays, offering ample space for various automotive uses. The property boasts five Oklahoma Department of Transportation (ODOT) entrances, enhancing accessibility and visibility. Recent upgrades include new LED lighting and air conditioning in the showroom, a new 600-amp electrical system with multiple 30-amp and two 50-amp boxes, spray foam roof insulation, and security cameras both inside and outside. Exterior improvements include 640 feet of six-foot security fencing with two slider gates, three new gates on the primary and south lots, new exterior and interior paint, new gutters, and LED exterior lighting. The property is also wired for VOIP phones and internet. The 1.9-acre lot is zoned commercial and provides significant expansion potential. This well-maintained property is ready for immediate occupancy and offers a strong return on investment. The asking price is $899,000, with a price per square foot of $99.73. The property is being sold with two additional tax IDs (264500000000400500 & 264500000000400900).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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