6601 May AveOklahoma City, OK 73116
- Retail properties
- 6,280 SF
Property Details for 6601 May Ave
- Year built
- 1957
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 6,280 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 11-215-2000
- APU
- 112152000
Description
This exceptional 6,280-square-foot commercial property, located at 6601 N May Ave in Oklahoma City, OK 73116, presents a unique blend of retail showroom and warehouse space. Situated on a 0.2-acre lot at the intersection of NW 66th St & May Avenue, this single-tenant building boasts a recently renovated approximately 2,800-square-foot showroom, perfect for showcasing products or services. The remaining approximately 3,480-square-foot area is dedicated to warehouse space, featuring three overhead doors for efficient loading and unloading. Built in 1957 and extensively renovated in 2024, the property is classified as Class B and zoned C-3. The building is a single-story structure offering ample parking with 15 spaces. Two convenient restrooms are included. Property taxes are $0.66 per square foot. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a versatile and well-maintained space to establish or expand their operations. The property's features, combined with its strategic location, represent a valuable asset in the Oklahoma City market. APN: R112152000. Oklahoma County.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,379,230
- 6.5%
- $1,273,135
- 7%
- $1,182,197
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,904,136
- Geo Method
- $1,904,136
-
Alternative Use
- Use
- Valuation
- Residential
- $1,073,937
- Hospitality
- $983,721
- Educational
- $818,444
- Medical
- $846,592
- Retail
- $1,273,135
Location Insight
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Latitude
- 35.5385
- Longitude
- -97.566
- 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
FAQs
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