2800 Grand BlvdOklahoma City, OK 73116

Property Details for 2800 Grand Blvd

Year built

1995

Construction

BRICK

Lot size

0.98 AC

Property size (Sq ft)

3,715 SF

Property type

Retail properties

Property subtype

Banks

APN

07-990-0610

APU

79900610

Description

This exceptional 3,715-square-foot single-tenant property, located at 2800 NW Grand Blvd in Oklahoma City, OK 73116, presents a unique investment opportunity. Built in 1995, this former bank boasts high-end finishes suitable for a variety of retail or office uses. The building sits on a prime location, just east of Lake Hefner Parkway and N May Avenue, offering excellent visibility and accessibility. The property includes 58 parking spaces, ensuring ample parking for employees and clients. Its zoning, SPUD 1283, aligns with the regulations of the Modified C-3 Community Commercial District (Okc Zoning Ordinance, 2020), providing flexibility for various business types. The strategic location near N May Avenue's vibrant retail corridor, featuring both local favorites and national chains, guarantees high foot traffic and a strong customer base. The entire 3,715 square feet is currently vacant, providing immediate occupancy for a new tenant. This property offers a rare combination of prime location, versatile space, and ample parking, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving Oklahoma City market. Oklahoma County ownership.

• CAP approach

  CAP return

  Valuation

  6%

  $-38,981

  6.5%

  $-35,982

  7%

  $-33,412

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,126,412

  Geo Method

  $1,126,412

• Alternative Use

  Use

  Valuation

  Residential

  $-30,353

  Hospitality

  $-27,803

  Educational

  $-23,132

  Medical

  $-23,927

  Retail

  $-35,982

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.5476

Longitude

-97.5642

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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