1927 Green Ave Purcell, OK 73080
- Strip malls
- 14,050 SF
- 6.39 lot acres
Current Use by Public Records
- NUGZ Dispensary / Vaporizer Store / Cannabis Store
Property Details for 1927 Green Ave
- Year built
- 2007
- Lot size
- 6.39 lot acres
- Property size
- 14,050 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 0000-13-06N-02W-0-015-00
- APU
- 00001306N02W001500
Description
Heartland Plaza, a 26,850 square foot retail property built in 2007, presents a compelling investment opportunity in Purcell, Oklahoma. Strategically situated on South Green Avenue, just half a mile from Interstate 35, this center enjoys exceptional visibility and accessibility. The 6.39-acre site boasts a high average daily traffic count of 14,800 vehicles, ensuring consistent customer flow. Currently, 90% of the space is leased to a diverse mix of established national and local tenants, including Cato, Domino's, T-Mobile, Supercuts, AT&T, Dental Lodge, Hollywood Nails, Tower Loans, and Nugz. These long-term leases provide a stable income stream and demonstrate the property's enduring appeal. The center's prime location is further enhanced by its proximity to a cluster of major national retailers, such as Walmart, Starbucks, Ace Hardware, Take 5 Oil Change, Arby's, Wendy's, McDonald's, Braums, and a Holiday Inn, creating a synergistic retail environment. This well-established center offers a rare opportunity to acquire a profitable, high-traffic retail asset in a thriving market. The property's size and tenant mix make it an ideal investment for those seeking a stable and appreciating asset in a growing community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,095,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,605,000
- 6.5%
- $3,610,000
- 7%
- $3,280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,670,000
- Geo Method
- $3,925,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,680,000
- Retail
- $3,155,000
- Mixed-Use
- $3,480,000
- Hospitality
- $2,910,000
- Educational
- $2,755,000
- Residential Income
- $2,790,000
- Energy
- $3,610,000
- Income-Based Land
- $2,920,000
- Food Service
- $2,945,000
Location Insight
- Map
- Local Demand
- City
- Purcell
- County
- Mcclain
- State
- Oklahoma
- Longitude
- -97.3696
- Latitude
- 34.9893
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA