Property profile

7304 N Comanche Ave Warr Acres, OK 73132

FOR SALE
Medical Office Space
Property ID
US69-0035645
5,212 SF 0.49 ac lot Built 1973
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 5,212 square foot Class B office building, located at 7304 Comanche Ave in Warr Acres, Oklahoma (zip code 73132), is offered at $995,000 ($190.91/sq ft). The property, recently appraised at $1.15 million, is a well-appointed, turn-key medical clinic ideally situated just off NW Expressway, experiencing over 41,000 vehicles per day. This versatile space can easily be converted into a multi-tenant building, allowing for owner-occupancy with supplemental income. Significant capital expenditures exceeding $300,000 have been invested in recent upgrades. The building boasts 14 exam/offices (8 with plumbing), 5 restrooms, two check-in/out areas, a large waiting area, and four points of ingress and egress for staff and physicians. Additional features include a 36' x 14' therapy area, an x-ray room, two breakrooms, and recently updated paint. The property also features a fairly new TPO roof with a 30-year warranty. This presents a unique opportunity for a medical practice or investor seeking a prime location and a well-maintained facility.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Construction BRICK
Total area 5,212 SF
Lot 0.49 ac (21,562 SF)
APN 18-845-1007
UPID US69-0035645

Cap rate & NOI

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

Location

7304 N Comanche Ave Warr Acres, OK 73132
Warr Acres metro Census 106705 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$633k
Blend (final) Blend
$290k

Owner & transaction history

since 2016
7 recorded transactions
2023
Price N/A
2016
$60,000
2011
$575,000
2007
$500
2006
Price N/A
2005
$460,000
1969
Price N/A

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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More about this property
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