Property profile

408 Main St Noble, OK 73068

OFF-MARKET
Medical Office Space
Property ID
US69-0544004
2,294 SF 0.32 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,294 square foot medical office building, located at 408 N Main St in Noble, Oklahoma, presents a turnkey opportunity for healthcare professionals. The single-tenant property boasts a Class B rating and sits on a 0.32-acre lot, offering ample space and parking. Constructed in 1986 and renovated in 2010, the building is well-maintained and equipped with 19 parking spaces. The interior is fully furnished, including medical exam tables, a blood draw chair, comfortable waiting room seating with a TV, a fully equipped break room with refrigerators, an executive desk, and complete provider office furniture. This ready-to-use space eliminates the need for significant upfront investment in furnishings and equipment. The building is zoned C-1 (Commercial) and is secured with an alarm system provided by Alarm Products of Oklahoma. The property's convenient location in Noble, OK, zip code 73068, offers easy access for patients and staff. This is an ideal opportunity for a medical practice seeking a move-in ready space with all the necessary amenities. The total building square footage is 2,294 square feet, with all of it currently vacant and available for lease.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Construction WOOD FRAME
Total area 2,294 SF
Lot 0.32 ac (13,939 SF)
Zoning code R1
APN NB40AAAOT 13 25001
UPID US69-0544004

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health Care Facility
  • Physician
  • Physician
  • Pediatrician Physician

Location

408 Main St Noble, OK 73068-9574
Noble metro Census 202501 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2020
Last sale
$225,000
1 recorded transaction
2020
$225,000

Zoning & alternative use

R1 · Noble, OK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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