1120 Vermont AveOklahoma City, OK 73107

  • Industrial properties
  • 13,688 SF
For Lease
$6.15/SF/YR View listing

Property Details for 1120 Vermont Ave

Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.70 AC
Property size (Sq ft)
13,688 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
11-779-3215
APU
117793215

Description

This Oklahoma City industrial property, located at 1120 N Vermont Ave, offers two suites ideal for diverse businesses. Suite A, encompassing 15,055 square feet, features an 80/20 warehouse-to-office ratio, a two-story office area with seven private offices, one dock-high door, and one grade-level door. Boasting 20-foot clear height, this space is perfect for third-party logistics (3PL) and warehousing operations. Tenant improvements are available. Suite B, totaling 8,252 square feet, includes a contractor's garage, three grade-level doors, newly installed carpet in the office space, new LED lighting, two private offices, a restroom, and approximately 1,000 square feet of office space. This suite is well-suited for tradespeople. Tenant improvements are also available for Suite B. The entire property sits on 1.13 acres and comprises a single, 23,307-square-foot building constructed in 1975. The property is zoned I-2 and is classified as Class C. Suite A is available for lease at $7.00 per square foot per year (NNN), while Suite B is offered at $7.25 per square foot per year (NNN). This versatile property presents a unique opportunity in Oklahoma County, Oklahoma, with its flexible space and potential for customization.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,314,728
    Hospitality
    $2,120,279
    Educational
    $1,764,047
    Medical
    $1,824,715
    Retail
    $2,744,073
1120 Vermont Ave, Oklahoma City, Oklahoma

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4798
Longitude
-97.5947
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
$8,664
$8,315
$62,230
$70,545
-
$86,450
$646,983
$733,433

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