1100 Highway 34 Elk City, OK 73644
- Motels
- 28,386 SF
- 3.74 lot acres
Current Use by Public Records
- Motels
Property Details for 1100 Highway 34
- Year built
- 1982
- Construction
- FRAME
- Lot size
- 3.74 lot acres
- Property size
- 28,386 SF
- Zone code
- C1
- Property type
- Motels
- APN
- 0425-24-011-021-0-015-00
- APU
- 42524011021001500
Description
This exceptional commercial land offering presents a unique investment opportunity along Highway 34 in Beckham County. The property boasts a flexible size ranging from 1 to 14 acres, more or less, providing ample space for a variety of commercial developments. Its strategic location offers significant visibility and accessibility, with frontage on Highway 66 and the potential for I-40 frontage. The C-3 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high-traffic exposure. The seller is willing to divide the land to accommodate individual needs, offering flexibility for both large-scale projects and smaller businesses. This presents a rare chance to secure a prominent location in a thriving area. The property's size and zoning make it suitable for a diverse range of commercial ventures, from retail establishments and restaurants to light industrial uses. The potential for high visibility and accessibility due to its highway frontage makes this an attractive proposition for businesses seeking to maximize their market reach. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land parcel. Contact us today to discuss your specific requirements and explore the potential of this prime location. The flexible acreage options and willingness to subdivide ensure a tailored solution for your business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $260,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $245,000
- Mixed-Use
- $220,000
- Hospitality
- $230,000
- Educational
- $205,000
- Residential Income
- $215,000
- Energy
- $240,000
- Income-Based Land
- $210,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Elk City
- County
- Beckham
- State
- Oklahoma
- Longitude
- -99.3718
- Latitude
- 35.4198
- CBSA code
- 21120
- CBSA name
- ELK CITY, OK MICROPOLITAN STATISTICAL AREA