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Property profile & analytics
FOR SALE
Medical Office Space

116 E Robert S Kerr Blvd Wynnewood, OK 73098

8,513 SF 0.64 ac lot Built 1950
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-1327822
Property summary
AI-generated overview

This exceptional 8,756 square foot office building, situated on a 0.64-acre lot at 116 E Robert S Kerr Boulevard in Wynnewood, Oklahoma, presents a unique investment opportunity. The property's versatile layout is perfectly suited for a variety of commercial enterprises. The building is divided into two distinct sections, each offering ample space. The south side comprises a welcoming reception/administration area, thirteen individual medical offices, and three bathrooms. This area is well-suited for a business requiring client interaction and multiple private offices. The north side mirrors this functionality, boasting fifteen medical offices and three bathrooms, providing even greater capacity for a larger operation or multiple tenants. The property's design incorporates spacious waiting areas, catering to the needs of clients and staff. Furthermore, the building benefits from two substantial parking lots, ensuring convenient parking for everyone. Its strategic location in Wynnewood makes it particularly well-suited for a government services center or any business requiring significant office space and convenient client access. The asking price for this remarkable property is $280,000. This represents a compelling opportunity to acquire a substantial and versatile commercial property in a desirable location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Total area 8,513 SF
Lot 0.64 ac (28,000 SF)
Zoning code C1
APN 0145-00-207-001-0-000-00
UPID US69-1327822
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Vision Bank · 1 yrs held
Vision Bank
since 2024
Last sale
$100,000
4 recorded transactions
2024
Price N/A
2017
Price N/A
2016
Price N/A
2010
$100,000
Zoning & alternative use
C1 · Wynnewood, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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