211 12Th StMuskogee, OK 74401

  • Retail properties
  • 2,240 SF
For Sale
$79,900 View listing

Property Details for 211 12Th St

Year built
1950
Lot size
0.21 AC
Property size (Sq ft)
2,240 SF
Zone code
E
Property type
Retail properties
Property subtype
Auto shops
APN
4610-26-193-002-1-160-04
APU
461026193002116004

Description

This exceptional 1800-square-foot office space at 211 N 12th St, Unit 211, Muskogee, OK, presents a remarkable opportunity for business owners. Boasting a prime location in the heart of downtown Muskogee, this property benefits from high foot traffic and excellent visibility. The interior features attractive hardwood floors throughout, spacious rooms ideal for various configurations, a functional kitchen area, and a convenient bathroom. Ample parking is readily available, including a two-car garage at the rear of the building, with additional parking spaces also situated at the rear. This established business location has enjoyed a successful history spanning over four decades, demonstrating its enduring appeal and suitability for a variety of commercial uses. The property sits on a 0.21-acre lot, offering potential for expansion or outdoor amenities. Its versatile layout makes it perfectly suited for a salon, retail establishment, or other similar businesses seeking a prominent downtown presence. The asking price is $79,900. This is a rare opportunity to acquire a well-established, high-traffic commercial property in a thriving downtown area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $287,039
    6.5%
    $264,959
    7%
    $246,034
  • Comparable approach

    Method
    Valuation
    Relative Method
    $403,773
    Geo Method
    $403,773
  • Alternative Use

    Use
    Valuation
    Residential
    $223,503
    Hospitality
    $204,728
    Educational
    $170,331
    Medical
    $176,189
    Retail
    $264,959
211 12Th St, Muskogee, Oklahoma
Leaflet | © OpenStreetMap contributors

Location Insight

City
Muskogee
County
Muskogee
State
Oklahoma
Latitude
35.7543
Longitude
-95.3826
CBSA code
34780
CBSA name
MUSKOGEE, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$453
$715
$3,713
$4,428
-
$6,500
$33,755
$40,255

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