2005 Main St Durant, OK 74701
- Automotive properties
- 4,560 SF
Current Use by Public Records
- Automotive properties
Property Details for 2005 Main St
- Year built
- 1974
- Property size
- 4,560 SF
- Property type
- Automotive properties
- APN
- A270-00-010-001-0-000-00
- APU
- A27000010001000000
Description
This exceptional 1.52-acre commercial land parcel presents a remarkable opportunity for development in the thriving city of Durant, Oklahoma. Situated at 2005 W Main St, this pad-ready site boasts a highly desirable location, directly adjacent to a newly constructed Starbucks, offering excellent visibility and convenient access. The property enjoys a prime position with cross-access to the hard corner, ensuring high traffic flow and exposure to potential customers. All utilities are readily available, simplifying the development process and minimizing upfront costs. The site is zoned for commercial use, allowing for a wide range of development possibilities. A significant advantage is the allowance for a large sign on the property, maximizing branding and marketing opportunities. With its 66,211 square feet of space and strategic location, this property is ideal for a variety of commercial ventures, offering significant potential for return on investment. The property's "pad-ready" status means it's prepared for immediate construction, saving valuable time and resources. This is a rare opportunity to establish a presence in a dynamic and growing market. Don't miss out on this exceptional chance to secure a prime commercial location in the heart of Durant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,860,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,955,000
- 6.5%
- $1,790,000
- 7%
- $1,980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,980,000
- Geo Method
- $1,815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,790,000
- Retail
- $2,450,000
- Mixed-Use
- $2,305,000
- Hospitality
- $1,945,000
- Educational
- $2,165,000
- Residential Income
- $2,070,000
- Energy
- $2,340,000
- Income-Based Land
- $2,470,000
- Food Service
- $2,000,000
Location Insight
- Map
- Local Demand
- City
- Durant
- County
- Bryan
- State
- Oklahoma
- Longitude
- -96.4001
- Latitude
- 33.9964
- CBSA code
- 20460
- CBSA name
- DURANT, OK MICROPOLITAN STATISTICAL AREA