325 Dean A Mcgee Ave Oklahoma City, OK 73102
- Commercial real estate
- 7,000 SF
- 0.16 lot acres
Current Use by Public Records
- Hammons, Hurst & Associates / Employment Attorney
- Louis M Green ,Consumer Attorney at Law. / Attorney
- Hammons Gowens & Associates: Eitzmann Ryan / Attorney
- Oklahoma Private Investigators / Private Investigator
Property Details for 325 Dean A Mcgee Ave
- Year built
- 1929
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 7,000 SF
- Property type
- Commercial real estate
- APN
- 01-001-6480
- APU
- 10016480
Description
This 7,000 square foot, Class B office building at 325 Dean A. McGee Avenue in Oklahoma City, OK, presents a unique owner/user opportunity. Built in 1929 and renovated in 2018, this fee-simple property boasts a versatile layout ideal for various professional services. Currently vacant, the building features fifteen plus individual offices, a spacious conference room, a well-equipped kitchen, and multiple restrooms. The property includes rooftop parking and a separate smaller office suite. Situated in the heart of downtown, it offers exceptional walkability to both the Oklahoma County Courthouse and the United States Courthouse, making it particularly attractive to legal professionals. The 7,000 square foot lot is zoned DBD. The asking price is $1,075,000 ($153.57/sq ft). This prime location provides easy access to numerous downtown amenities, including restaurants, shops, and public transportation, ensuring high visibility and convenience. The property consists of one, single-story building with two units. This is a rare opportunity to acquire a well-maintained, centrally located office building with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $320,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $320,000
- Mixed-Use
- $270,000
- Hospitality
- $315,000
- Educational
- $300,000
- Residential Income
- $265,000
- Energy
- $315,000
- Income-Based Land
- $295,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5191
- Latitude
- 35.4712
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
