521 Wilshire Blvd Nichols Hills, OK 73116
- Commercial real estate
- 26,104 SF
- 1.65 lot acres
Current Use by Public Records
- Forrest Drilling / Well Drilling Contractor
- Eagle Drilling Fluids LLC / Oil And Gas Exploration Service / General Contractor
- Asset Servicing Group, LLC / Property Management Company
- Life Time Capital Receiver / Investment Service
- ϹityLine Ϲhimney Oklahoma City OK / Blast Cleaning Service / Chimney Sweep
Property Details for 521 Wilshire Blvd
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.65 lot acres
- Property size
- 26,104 SF
- Property type
- Commercial real estate
- APN
- 13-458-1013
- APU
- 134581013
Description
This exceptional two-story, 26,104 square foot Class B office building, constructed in 1957 and renovated in 2006, is ideally situated on 1.65 acres along Wilshire Boulevard, west of Broadway Extension, offering easy access to the entire Oklahoma City metro area, particularly Nichols Hills and Edmond. Suite 200, encompassing the entire second floor, provides 6,697 square feet of versatile space, easily subdivided to meet specific tenant requirements. A private elevator and stunning downtown OKC views are exclusive benefits for single-tenant occupancy of this floor. The partially furnished suite includes desks, a large granite conference table, an open bullpen area, eight private offices with windows, private restrooms, and a substantial storage room with efficient roller-system shelving. A shared first-floor conference room adds further convenience. The building features multiple tenancies, yes elevators, and is zoned for office use. The property's APN is 134581013, located in Oklahoma County. Local ownership ensures responsive management and efficient processing of showings, lease agreements, and any necessary modifications to accommodate evolving business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,090,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,410,000
- 6.5%
- $3,220,000
- 7%
- $3,430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,835,000
- Geo Method
- $3,550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,660,000
- Retail
- $2,920,000
- Mixed-Use
- $3,020,000
- Hospitality
- $3,695,000
- Educational
- $2,740,000
- Residential Income
- $2,745,000
- Energy
- $3,510,000
- Income-Based Land
- $2,800,000
- Food Service
- $3,750,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5234
- Latitude
- 35.5518
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
