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Property profile & analytics
OFF-MARKET Estimated value $2,560,000
Medical Office Space

220 Elm St Jenks, OK 74037-3701

25,206 SF 4.26 ac lot Built 2018
Entity Owned 9-yr Hold Free & Clear
Property ID
US69-0639703
Property summary
AI-generated overview

This exceptional 1.83-acre commercial ground lease presents a remarkable opportunity in the heart of Jenks, America. Located at the intersection of Main and Elm Streets, this property boasts a highly desirable CS zoning designation, providing flexibility for a wide range of commercial developments. The parcel, identified by APN 60760-82-24-21540, is situated within the thriving Melody Lane Shopping Center, ensuring high visibility and accessibility for any business. Its central location within Jenks offers unparalleled access to a robust consumer base and established infrastructure. The single-tenancy nature of the lease provides a clear and straightforward ownership structure, minimizing complexities and maximizing potential returns. This prime location, combined with the substantial acreage and favorable zoning, makes this an ideal investment for developers seeking a strategic foothold in a dynamic and growing market. The property's strategic placement within the Melody Lane Shopping Center guarantees significant foot traffic and exposure, making it an attractive proposition for a variety of commercial ventures. This is a rare opportunity to acquire a substantial parcel of land in a prime commercial location, offering significant potential for long-term growth and profitability. The property's size and zoning allow for a multitude of development possibilities, catering to a diverse range of commercial needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial ground lease.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2018
Construction STEEL FRAME
Total area 25,206 SF
Lot 4.26 ac (185,696 SF)
Zoning code CS
APN 60710-82-24-34470
UPID US69-0639703
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
Current use
Occupant on record · Public records
  • Jeremy W Ransdell DO Pediatrician Physician
  • Theron J Bliss DO Pediatrician Physician
  • Carrie I Cross PA-C Physician
  • Ascension Medical Group St. John Jenks Physician
  • Steffan G Anderson MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.56M
Owner & transaction history
St John Building Corp · 9 yrs held
St John Building Corp
since 2017
3 recorded transactions
2017
Price N/A
2011
$3.8M
2005
$3.4M
Zoning & alternative use
CS · Jenks, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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