8315 23Rd St Oklahoma City, OK 73141
- Flex space
- 4,600 SF
- 0.77 lot acres
Current Use by Public Records
- Regency Auto Sales / Car Dealer
Property Details for 8315 23Rd St
- Year built
- 2004
- Construction
- STEEL FRAME
- Lot size
- 0.77 lot acres
- Property size
- 4,600 SF
- Property type
- Flex space
- APN
- 19-145-7000
- APU
- 191457000
Description
This exceptional 4,600 square foot industrial building, constructed in 2004, presents a unique investment opportunity in Oklahoma City. Located at 8315 NE 23rd St, 73141, this Class B property boasts a prime location with high visibility and traffic counts exceeding 20,000 vehicles daily. The building features a versatile layout suitable for various uses, including automotive, boat, and RV sales or service. The spacious interior includes approximately 600 square feet of office space, ideal for administrative functions. The remaining area is well-suited for storage or workshop activities, benefiting from a 16-foot ceiling height and two dock-high doors for easy access and loading. The property sits on a substantial 33,541 square foot lot, providing ample paved parking for customers and employees (approximately 16,854 sq ft). The building is zoned for commercial use and offers convenient handicap accessibility. This property is being offered at $325,000, representing a price per square foot of $70.65. The single-story structure is well-maintained and ready for immediate occupancy. Its strategic location and adaptable design make it an attractive investment for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $175,000
- 6.5%
- $175,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $195,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $210,000
- Mixed-Use
- $175,000
- Hospitality
- $195,000
- Educational
- $205,000
- Residential Income
- $200,000
- Energy
- $165,000
- Income-Based Land
- $180,000
- Food Service
- $175,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.3826
- Latitude
- 35.4936
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA