Property # 438

Investment Property or End User Property

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Property Details:

Location:	3124-3126 Teakwood Lane - Edmond, Oklahoma
Size SF:	3,440SF of Leased Office/Warehouse $5.51SF or $1,579 Monthly
Listing Price:	$185,000 "AS IS" **
Price Per SF/Acre:	$53.78SF
Availability:	Immediate
Zoning:
Real Estate Taxes:	$1,460.75

• DO NOT DISTURB TENANT!!!!!!!!!!!!!!!!!
• Location: 3124-3126 Teakwood Lane, Edmond, OK, 3,440SF Building on .1791 Acre of Land
• Ultra Convenient Location
• Leased on a Month to Month Basis to Same Tenant for 8 Years @ $1,579 Monthly
• Masonry (Pre-Cast Concrete) Construction, Built in 1983
• 3,745± Square Feet of Concrete Driveway
• Warehouse Insulated, with Forced Air Gas Heat
• ** Being Sold in "AS IS" Condition - Bids on Hand for New Roof, Minor Repairs (mainly interior) & Painting Exterior and 1 - AC Unit
• **** Concerning Square Footage, Buyers Should Consider the Following:
  1. Be aware that different appraisers may apply the rules for measurement of a property differently. We never represent that a particular measurement is necessarily accurate. Instead, we always qualify any statement about size with terms such as "estimated," "approximate," "appraiser's opinion," "builder's opinion" or "assessor's opinion."
  2. To avoid any and all potential misunderstanding on square footages, we choose not to quote square footage. However, we understand that a discussion of square footage may play an important role in our day to day business, and many buyers may ask for this figure. With this in mind, when providing "appraisal," "builder's plans" or "courthouse" information as a source for square footage data, any buyers who present an offer must sign an acknowledgment before the offer is accepted by the sellers, such as the following: "I/we acknowledge that information provided to me from other sources, including, but not limited to, square footage estimates from prior appraisals, builder's plans or courthouse tax records may be materially inaccurate due to various causes such as alterations to the property or errors in the methods used to calculate the information given. Square footage information provided is for the purpose of marketing, may not be exact and is NOT suitable for loan application, valuation or any other purpose. I/we acknowledge that the Offer being made to purchase ____________________________ (the property legal description), is based on our personal viewing and opinion of the property and does not rely upon any information except as specifically contained in the Real Estate Purchase Contract. I/we acknowledge that the both the Listing and Selling Brokers and/or Associates involved in the transaction do not warrant or make any representation concerning the accuracy of any information from third parties and I/we acknowledge receipt of this information disclosure."