1200 Eagle RdWeatherford, OK 73096
- Retail properties
- 19,188 SF
Property Details for 1200 Eagle Rd
- Year built
- 2008
- Lot size
- 3.43 AC
- Property size (Sq ft)
- 19,188 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 0406-00-001-001-0-000-00
- APU
- 40600001001000000
Description
This exceptional 20.21-acre commercial land parcel presents a unique investment opportunity in Weatherford, Oklahoma. Ideally situated in Custer County, the property boasts a prime location with excellent visibility and accessibility. Its strategic placement offers significant advantages for developers seeking to capitalize on the high traffic volume generated by the nearby Walmart and the newly constructed I-40 exit ramp, which is directly adjacent to the property. This convenient location also places the land within a short five-minute drive of Southwestern Oklahoma State University, providing access to a substantial student population of approximately 5,200 students. The property is designated for ground lease and is offered as single-tenancy land, providing flexibility for development plans. The expansive acreage allows for a variety of commercial development possibilities, catering to a wide range of businesses seeking a high-traffic location with strong community ties. This is an exceptional opportunity to establish a thriving commercial presence in a rapidly growing area of Oklahoma. The property's proximity to major transportation arteries and a significant population base makes it an attractive investment for long-term growth and profitability. The address is 1200-1500 E. Eagle Road, Weatherford, OK 73096.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,167,230
- 6.5%
- $3,846,674
- 7%
- $3,571,912
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,817,924
- Geo Method
- $5,817,924
-
Alternative Use
- Use
- Valuation
- Residential
- $3,244,814
- Hospitality
- $2,972,232
- Educational
- $2,472,862
- Medical
- $2,557,908
- Retail
- $3,846,674
Location Insight
- City
- Weatherford
- County
- Custer
- State
- Oklahoma
- Latitude
- 35.5217
- Longitude
- -98.6933
- CBSA code
- 48220
- CBSA name
- WEATHERFORD, OK MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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