601 Oklahoma AveOklahoma City, OK 73104

  • Industrial properties
  • 15,000 SF
For Sale
$5,900,000 View listing

Property Details for 601 Oklahoma Ave

Year built
1930
Construction
BRICK
Lot size
0.56 AC
Property size (Sq ft)
15,000 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
02-014-6570
APU
20146570

Description

This exceptional 2.33-acre land assemblage in Oklahoma City's vibrant Downtown Business District presents a unique investment opportunity. The property comprises two existing warehouses and a significant parcel of undeveloped land, totaling 1.56 acres. The first warehouse, located at 601 N Oklahoma Ave, offers 15,000 square feet of space, boasting 11'10" clear height from floor to beam and an impressive 17'2" clear height from floor to roof deck. This building features five commercial-grade roll-up doors, ideal for various industrial or commercial uses. The second warehouse, situated at 621 N Oklahoma Ave, provides 16,106 square feet of space with a 16'0" clear height from floor to roof deck and seven commercial-grade roll-up doors. The substantial undeveloped land offers significant potential for future development, complementing the existing warehouse structures. This property is zoned for Downtown Business District use, providing flexibility for a wide range of development possibilities. The asking price for this prime Oklahoma City property is $5,900,000. Detailed specifications for both warehouses are available upon request. This is a rare opportunity to acquire a large, strategically located land assemblage in a thriving urban core.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,965,654
    Hospitality
    $2,716,523
    Educational
    $2,260,115
    Medical
    $2,337,844
    Retail
    $3,515,734
601 Oklahoma Ave, Oklahoma City, Oklahoma

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4732
Longitude
-97.5108
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
$17,807
$67,375
$77,612
$144,987
-
$612,500
$705,568
$1,318,068

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