500 Meridian Ave Oklahoma City, OK 73107
- Commercial real estate
- 25,569 SF
- 12.62 lot acres
Current Use by Public Records
- Chuck Moss Bankruptcy Attorney / Legal Services
- Home Companies Mortgage / Mortgage Lender
- Verit Labs, Inc. / Software Company / Web Hosting Company
- Bankruptcy Information / Attorney
- STAT Overnight Delivery / Courier Service / Delivery Service
Property Details for 500 Meridian Ave
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 12.62 lot acres
- Property size
- 25,569 SF
- Property type
- Commercial real estate
- APN
- 14-782-2940
- APU
- 147822940
Description
This exceptional 24,579 square foot office complex, located at 500 N Meridian Ave, Oklahoma City, OK 73107 (near Meridian and 4th Street), offers a variety of spaces to suit diverse business needs. The property features multiple tenancies, with available suites ranging from 300 to 1,685 square feet, catering to startups and established enterprises alike. The building is zoned commercial and sits on 2 acres of land, providing ample parking with 70 spaces. The property includes 13,500 square feet of vacant space ready for immediate occupancy. Building amenities include 24/7 on-site security and keycard access. Its convenient location offers easy access to major highways, simplifying commutes. The property is currently undergoing renovations to common areas and restrooms to maintain a professional atmosphere. The building's power supply is single-phase. This Yukon submarket location provides a thriving business environment and networking opportunities. The property is ideal for medical offices, coworking spaces, traditional offices, and executive suites. Flexible lease options are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,820,000
- 6.5%
- $1,635,000
- 7%
- $1,935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,695,000
- Geo Method
- $1,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,960,000
- Retail
- $1,480,000
- Mixed-Use
- $1,840,000
- Hospitality
- $1,915,000
- Educational
- $1,950,000
- Residential Income
- $2,030,000
- Energy
- $1,555,000
- Income-Based Land
- $1,875,000
- Food Service
- $1,660,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5986
- Latitude
- 35.4718
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
