3775 32Nd St Newcastle, OK 73065
- Office buildings
- 1,500 SF
- 0.82 lot acres
Current Use by Public Records
- Office buildings
Property Details for 3775 32Nd St
- Year built
- 1979
- Lot size
- 0.82 lot acres
- Property size
- 1,500 SF
- Property type
- Office buildings
- APN
- 0000-31-10N-04W-0-020-01
- APU
- 00003110N04W002001
Description
This 1,500 square foot office building presents a compelling investment opportunity in Newcastle, OK. Strategically located on SH37, this property boasts high visibility and ample traffic, ensuring excellent exposure for any business. The exterior features durable, updated corrugated metal siding, offering a contemporary and attractive faГ§ade. Built with solid concrete block walls, the structure is robust and long-lasting. The interior has been completely renovated, featuring 10 versatile rooms ideal for various business configurations, from offices and treatment rooms to retail displays. All interior spaces were stripped to the studs and rebuilt. Significant electrical upgrades include new wiring throughout the building. While utilities are available to the building, Pioneer cable/internet and OEC electrical service are not currently active. Plumbing is in place for two bathrooms. A water well is on the property, with piping extending to the building, though its current functionality is unknown due to two years of inactivity. All-new low-e windows provide abundant natural light and energy efficiency. Secure storm glass entrance doors enhance both security and aesthetics. A covered carport area offers potential for expansion, and a well-constructed above-ground storm shelter provides safety and peace of mind. The property sits on a 0.82-acre lot. Priced at $249,999, this is an exceptional opportunity for business owners and investors seeking a well-maintained, versatile commercial space in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $210,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $250,000
- Mixed-Use
- $220,000
- Hospitality
- $250,000
- Educational
- $200,000
- Residential Income
- $240,000
- Energy
- $255,000
- Income-Based Land
- $195,000
- Food Service
- $195,000
Location Insight
- Map
- Local Demand
- City
- Newcastle
- County
- Mcclain
- State
- Oklahoma
- Longitude
- -97.6669
- Latitude
- 35.2914
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA