2800 Grand Blvd Oklahoma City, OK 73116
- Banks
- 3,715 SF
- 0.98 lot acres
Current Use by Public Records
- Banks
Property Details for 2800 Grand Blvd
- Year built
- 1995
- Construction
- BRICK
- Lot size
- 0.98 lot acres
- Property size
- 3,715 SF
- Property type
- Banks
- APN
- 07-990-0610
- APU
- 79900610
Description
This exceptional 3,715-square-foot single-tenant property, located at 2800 NW Grand Blvd in Oklahoma City, OK 73116, presents a unique investment opportunity. Built in 1995, this former bank boasts high-end finishes suitable for a variety of retail or office uses. The building sits on a prime location, just east of Lake Hefner Parkway and N May Avenue, offering excellent visibility and accessibility. The property includes 58 parking spaces, ensuring ample parking for employees and clients. Its zoning, SPUD 1283, aligns with the regulations of the Modified C-3 Community Commercial District (Okc Zoning Ordinance, 2020), providing flexibility for various business types. The strategic location near N May Avenue's vibrant retail corridor, featuring both local favorites and national chains, guarantees high foot traffic and a strong customer base. The entire 3,715 square feet is currently vacant, providing immediate occupancy for a new tenant. This property offers a rare combination of prime location, versatile space, and ample parking, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving Oklahoma City market. Oklahoma County ownership.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,075,000
- 6.5%
- $1,075,000
- 7%
- $1,030,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,110,000
- Geo Method
- $955,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,035,000
- Retail
- $950,000
- Mixed-Use
- $1,175,000
- Hospitality
- $915,000
- Educational
- $1,210,000
- Residential Income
- $950,000
- Energy
- $1,040,000
- Income-Based Land
- $1,005,000
- Food Service
- $1,050,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5642
- Latitude
- 35.5476
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA