5845 72Nd Pl Warr Acres, OK 73132
- Commercial real estate
- 5,664 SF
- 0.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5845 72Nd Pl
- Year built
- 1981
- Construction
- BRICK
- Lot size
- 0.30 lot acres
- Property size
- 5,664 SF
- Property type
- Commercial real estate
- APN
- 18-845-1001
- APU
- 188451001
Description
This exceptional two-story office building, located at 5845 NW 72nd Pl in Warr Acres, Oklahoma, presents a compelling owner-user investment opportunity. Boasting 5,664 square feet of space, this Class B property is divided into six units, ideal for a variety of business configurations. Built in 1981, the building sits on a sizable 12,786 square foot lot, zoned C-3, offering ample potential for expansion or future development. The asking price is $575,000, translating to $101.52 per square foot. Its strategic location offers high visibility, situated right off NW Expressway and MacArthur Boulevard, two major thoroughfares with significant daily traffic volume (52,608 VPD on NW Expressway and 19,665 VPD on MacArthur Boulevard). The property includes private parking, a significant advantage for both employees and clients. This is a rare opportunity to acquire a well-located, established office building in a thriving area of Oklahoma City. The property's size, layout, and prime location make it an attractive option for businesses seeking a prominent presence in the Warr Acres market. The building's traditional and executive office subtypes offer flexibility for various business needs. This is an excellent chance to own a valuable commercial asset in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $370,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $310,000
- Mixed-Use
- $335,000
- Hospitality
- $325,000
- Educational
- $395,000
- Residential Income
- $335,000
- Energy
- $410,000
- Income-Based Land
- $380,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Warr Acres
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.6178
- Latitude
- 35.5484
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA