1200 Eagle RdWeatherford, OK 73096

  • Retail properties
  • 19,188 SF
For Lease

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
1200 Eagle Rd, Weatherford, Oklahoma

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,395
$97,814
$161,403
$259,217
-
$889,216
$1,467,302
$2,356,518

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