401 W Davis Ave
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401 W Davis Ave
6,550 SF Specialty Building Offered at $370,000 at a 9.18% Cap Rate in Weatherford, OK 73096
Investment Highlights
- Strong average household income of $77,624 within five miles of the property
- Weatherford, Oklahoma, is located approximately 60 miles west of Oklahoma City and is home to 28,400 residents
- Facility is located across the street from Southwestern Oklahoma State University which has an enrollment of 5,163 students
Executive Summary
The facility is comprised of 52 non-climate units totaling 6,550 net rentable square feet. The facility currently shares a parcel with a gas station and convenience storage and will need to be subdivided while under contract.
Property Facts
| Price | $370,000 | Building Class | B |
| Price Per SF | $56 | Lot Size | 0.84 AC |
| Sale Type | Investment | Building Size | 6,550 SF |
| Cap Rate | 9.18% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1975 |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Price | $370,000 |
| Price Per SF | $56 |
| Sale Type | Investment |
| Cap Rate | 9.18% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 0.84 AC |
| Building Size | 6,550 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 0350-00-001-000-0-000-00 | Improvements Assessment | $31,586 |
| Land Assessment | $14,122 | Total Assessment | $45,708 |
PROPERTY TAXES
Parcel Number
0350-00-001-000-0-000-00
Land Assessment
$14,122
Improvements Assessment
$31,586
Total Assessment
$45,708
zoning
| Zoning Code | Urban Commercial |
| Urban Commercial |
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401 W Davis Ave
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