1200 Air Depot BlvdMidwest City, OK 73110
- Retail properties
- 17,692 SF
Property Details for 1200 Air Depot Blvd
- Year built
- 1982
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.80 AC
- Property size (Sq ft)
- 17,692 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 15-041-6200
- APU
- 150416200
Description
Decker Center, located at 1200 S Air Depot in Midwest City, Oklahoma, offers 36,430 square feet of retail space across two buildings. Currently, 10,908 square feet is available for lease, with six individual spaces ranging from 1,100 to 5,608 square feet. Built in 1982, this Class B property enjoys a highly visible location on Air Depot Boulevard, benefiting from substantial traffic flow and a strong tenant mix. Its proximity to Tinker Air Force Base provides a large potential customer base. The center features a dedicated turn lane and pylon signage, enhancing visibility and accessibility. The property is well-maintained and ready for immediate occupancy. Landlords are open to reasonable tenant improvements to customize spaces to meet specific business needs. The property is cannabis-friendly. This location offers excellent visibility, high foot traffic, and a strategic position in the heart of Midwest City, making it an ideal opportunity for businesses seeking a flexible and prominent retail space. The property is situated in Oklahoma County, zip code 73110.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,688,867
- 6.5%
- $3,405,108
- 7%
- $3,161,886
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,364,328
- Geo Method
- $5,364,328
-
Alternative Use
- Use
- Valuation
- Residential
- $2,872,336
- Hospitality
- $2,631,044
- Educational
- $2,188,998
- Medical
- $2,264,281
- Retail
- $3,405,108
Location Insight
- City
- Midwest City
- County
- Oklahoma
- State
- Oklahoma
- Latitude
- 35.4527
- Longitude
- -97.4052
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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