Property # 532

Investment Property

Additional Photos

Site Aerial Photo

Survey

Site Map with Current Zoning

Traffic Count of Area

Area Aerial Photo

Map


Property Details:

Location:	Northwest Oklahoma City, OK
Size SF/Acres:	50,000± Sq. Ft. / 1.1478± Acres
Listing Price:	$600,000
Price Per SF/Acre:	$12.00 Sq. Ft.
Availability:	Immediate
Zoning:	C-3, Commercial Zoning
Real Estate Taxes:	$2,592.31

Property Features:

• Property Has Lease Income of $1,325.00 Monthly, Plus $125.00 Monthly For Ad Valorem Taxes, on a 5 Year Lease Ending on 7/31/17, With Escalations BUT LEASE CAN BE CANCELLED UPON SALE
• Level, Rectangular Shaped, Corner Tract with 200± Feet of Frontage on NW 23rd Street and 250± Feet on North Minnie Lane
• Great Commercial Potential Development Area Ideal for Retailers: Restaurants, Clothing, Shoes, Convenience Store, Miscellaneous Office Use
• Presently a 768± Sq. Ft. by Courthouse Approximation****, Brick, Convenience Store Built in 1968 is on the North Half of the Tract of Land
• All Utilities To Property
• **** 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."