45 9Th St Duncan, OK 73533
- Office buildings
- 1,760 SF
Current Use by Public Records
- Alive + Well / Health And Beauty Shop
- Duncan Tower / Business Park
- Cuts by Candace / Hairdresser
- Beautiful Day Foundation / Non-Profit Organization
Property Details for 45 9Th St
- Year built
- 1955
- Property size
- 1,760 SF
- Property type
- Office buildings
- APN
- 1001-00-143-001-0-000-00
- APU
- 100100143001000000
Description
The Duncan Tower, a newly renovated four-story building (22,000 square feet) in downtown Duncan, offers a blend of modern office and retail spaces. Formerly the Perkins Energy building, this property boasts a complete overhaul in 2021, including all major mechanical systems (HVAC, plumbing, electrical, lighting, and structural). The ground floor features a café and salon, enhancing foot traffic and providing tenant amenities. Retail spaces range from 150 to 250 square feet, primarily located on the ground floor. The second and third floors provide business office suites, ranging from 250 to 1000 square feet, each featuring new carpeting and access to common areas. A tenant break room with kitchenette and ADA bathroom is available on the second floor. The building offers 42 suites, with a minimum divisible space of 200 square feet. Leases are full-service, with a one-year minimum and optional high-speed internet. Additional amenities include experienced property management, high-speed fiber internet access, security cameras and monitoring, exclusive building parking, a dedicated break room, three ADA bathrooms, four non-ADA bathrooms, and janitorial services for common areas. Built in 1960, this building provides a unique combination of historic charm and modern functionality, ideally situated off Main Street. Elevators are available for convenient access to all floors.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $245,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $225,000
- Mixed-Use
- $235,000
- Hospitality
- $245,000
- Educational
- $215,000
- Residential Income
- $240,000
- Energy
- $235,000
- Income-Based Land
- $215,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Duncan
- County
- Stephens
- State
- Oklahoma
- Longitude
- -97.9585
- Latitude
- 34.5027
- CBSA code
- 20340
- CBSA name
- DUNCAN, OK MICROPOLITAN STATISTICAL AREA