506 Don Tyler Ave Dewey, OK 74029
- Commercial real estate
- 7,184 SF
Current Use by Public Records
- Commercial real estate
Property Details for 506 Don Tyler Ave
- Year built
- 1960
- Property size
- 7,184 SF
- Property type
- Commercial real estate
- APN
- 050100-125010-000000-01
- APU
- 5010012501000000001
Description
This exceptional redevelopment opportunity presents a 7,184 square foot building situated on a 17,500 square foot corner lot in Dewey, Oklahoma. The property, built in 1960, is zoned commercial and features 23 parking spaces. Previously used as a grocery store, pharmacy, and storefront, this versatile space offers significant potential for various uses. The asking price is $850,000, translating to $118.32 per square foot. The building is well-maintained and located on a high-traffic highway corner, offering excellent visibility and accessibility. A six-panel corner lot sign generates additional income, with each panel leasing for $100 per month. Dewey is experiencing growth with new jobs and revenue coming into the town's industrial park. This property offers immediate return potential and significant upside for future expansion and development. The low cost of living and a strong school system in Dewey add to the overall appeal of this investment. This is a move-in ready property with a strong foundation for immediate occupancy and future growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dewey
- County
- Washington
- State
- Oklahoma
- Longitude
- -95.9353
- Latitude
- 36.7989
- CBSA code
- 12780
- CBSA name
- BARTLESVILLE, OK MICROPOLITAN STATISTICAL AREA
