228 Randolph Ave Enid, OK 73701
- Warehouses
- 31,417 SF
- 0.68 lot acres
Current Use by Public Records
- Skeleton Creek Productions / Video Production Service
- Simpson's Old Time Museum / Museum / Tourist Attraction
- The Bridal Shop / Formal Wear Store / Tuxedo Shop
Property Details for 228 Randolph Ave
- Year built
- 1930
- Lot size
- 0.68 lot acres
- Property size
- 31,417 SF
- Property type
- Warehouses
- APN
- 2880-00-029-025-0-375-00
- APU
- 288000029025037500
Description
This exceptional commercial property at 228 W Randolph in Enid, Oklahoma, presents a unique investment opportunity. The building itself is well-maintained and situated in a highly desirable downtown location, ensuring excellent visibility and accessibility. The property consists of two separate rental units, currently occupied. The ground floor is leased to a bridal shop, while the upper floor houses a prom shop. Both tenants are established businesses, providing a stable income stream for the new owner. The building's size is not specified, but its prime location in the heart of downtown Enid makes it an attractive proposition for a variety of commercial uses. The property is being sold as a building and land package
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $655,000
- 6.5%
- $670,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $565,000
- Mixed-Use
- $585,000
- Hospitality
- $720,000
- Educational
- $695,000
- Residential Income
- $685,000
- Energy
- $680,000
- Income-Based Land
- $665,000
- Food Service
- $545,000
Location Insight
- Map
- Local Demand
- City
- Enid
- County
- Garfield
- State
- Oklahoma
- Longitude
- -97.8755
- Latitude
- 36.3982
- CBSA code
- 21420
- CBSA name
- ENID, OK MICROPOLITAN STATISTICAL AREA