2200 Shadowlake Dr Oklahoma City, OK 73159-7440
- Office buildings
- 3,575 SF
- 0.08 lot acres
Current Use by Public Records
- Davis Russell / Insurance Agency
- Mitchell Benny / Insurance Agency
- Metcalf-Smith Lori / Insurance Agency
- Doug Carel Attorney at Law / Law Firm / Divorce Lawyer
- Alan R. Woodland / Legal Services / Attorney
Property Details for 2200 Shadowlake Dr
- Year built
- 1984
- Construction
- WOOD FRAME
- Lot size
- 0.08 lot acres
- Property size
- 3,575 SF
- Zone code
- ZN CO
- Property type
- Office buildings
- APN
- OCC2 10 3W 6017
- APU
- OCC2103W6017
Description
This exceptional two-story, 3,575 square foot office building is available for purchase at $449,000. Located at 2200 Shadowlake Drive in Oklahoma City, Oklahoma (zip code 73159), this Class B property sits on approximately 0.28 acres and offers a convenient location at the intersection of Shadowlake Drive and South Pennsylvania. Currently vacant, this single-tenancy building is perfectly suited for a variety of office users, including law firms, medical practices, dental offices, insurance companies, or real estate agencies. The building features a spacious conference room and a kitchen, adding to its functionality. An additional 350 square feet of bonus space is located upstairs. The property is zoned O-2 for office use. With a price per square foot of $125.59, this presents a strong investment opportunity in a desirable South Oklahoma City location. The building's size and amenities make it an ideal space for a business seeking a well-maintained and functional office environment. This is a rare opportunity to acquire a ready-to-occupy office building in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $535,000
- 7%
- $495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $565,000
- Retail
- $500,000
- Mixed-Use
- $435,000
- Hospitality
- $490,000
- Educational
- $505,000
- Residential Income
- $475,000
- Energy
- $445,000
- Income-Based Land
- $465,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.5485
- Latitude
- 35.3672
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA