1200 Air Depot BlvdMidwest City, OK 73110

  • Retail properties
  • 17,692 SF
For Lease
$7/SF/YR View listing

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
1200 Air Depot Blvd, Midwest City, Oklahoma

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

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
$20,587
$34,460
$140,440
$174,900
-
$313,280
$1,276,720
$1,590,000

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