1421 34th St Woodward, OK 73801-3906
This 0.39-acre commercial property at 1421 34th Street in Woodward, Oklahoma, presents a unique investment opportunity. Built in 1981, the structure is a durable tilt-up concrete building boasting high visibility due to its excellent location in a high-traffic area. The building features multiple entrances on the front and two overhead doors plus a recessed loading dock on the south side. Its previous uses included an arcade and an answering service, showcasing its adaptability. The layout includes office space at the front and bays on the south side, previously used for vehicle repairs and painting. The property's versatility allows for a wide range of potential uses, including storage, a new arcade, a restaurant, or continued use for vehicle repair services. The building's history includes a water intrusion issue stemming from nearby construction several years ago. However, the owner proactively addressed this by implementing landscaping solutions to divert water away from the building to the west and east, effectively resolving the problem. The asking price for this adaptable commercial property is $200,000. The square footage is not currently available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.