901 29Th StOklahoma City, OK 73129

Property Details for 901 29Th St

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

42.72 AC

Property size (Sq ft)

11,222 SF

Property type

Retail properties

Property subtype

Strip malls

APN

02-793-4000

APU

27934000

Description

This exceptional 1.5-acre industrial property, located at the highly visible corner of SE 29th Street and High Street in Oklahoma City, OK 73129, is available for immediate build-to-suit development. The property boasts a prime location with convenient access to I-35 and other major transportation arteries, making it ideal for a variety of industrial uses. The site is zoned for industrial use (1-2) and offers unparalleled visibility due to its hard corner location at a signalized intersection. The existing structures on the site, totaling 16,944 square feet across two single-story buildings, were built in 1958 and renovated in 2017. These buildings feature 16-foot ceilings and offer a flexible layout. The owner is offering build-to-suit options, including leasing back the completed space. This presents a unique opportunity for businesses seeking a custom-designed facility or a strategic location for expansion. Note that an additional 17 acres of land surrounding this property are also available for purchase. The property's APN is R094970360. This is a truly exceptional opportunity to secure a well-positioned site in a growing area of Oklahoma City. Don't miss this chance to capitalize on this prime location and build your ideal industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,778,487

  6.5%

  $2,564,757

  7%

  $2,381,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,402,582

  Geo Method

  $3,402,582

• Alternative Use

  Use

  Valuation

  Residential

  $2,163,469

  Hospitality

  $1,981,726

  Educational

  $1,648,773

  Medical

  $1,705,476

  Retail

  $2,564,757

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.438

Longitude

-97.4943

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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