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19095 S 125 Hwy 5,400 SF 100% Leased Retail Building Fairland, OK 74343 $395,000 ($73.15/SF) 8.80% Cap Rate
Investment Highlights
- Strong growth potential with extra land that could be used to build another business
- Public restroom, separate utility meters, and individual back doors with a small porch.
- Great location on Highway 125, not far from the turnpike.
Executive Summary
The Copper Mill is ready to change hands to a smart investor. Great location on Highway 125, not far from the turnpike. There are 5 units for a total of 5400 sq ft. The plaza was thoughtfully designed with a public restroom, separate utility meters, and individual back doors with a small porch. Units are heated with electric, but one unit has a backup propane with wall heaters. Garage located off the end unit is an extra bonus that could be included for a renter or used for maintenance storage. Strong growth potential with extra land that could be used to build another business. The possibilities are endless!
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,400 SF
Building Class
C
Year Built
2013
Price
$395,000
Price Per SF
$73.15
Cap Rate
8.80%
NOI
$34,760
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
2.56 AC
Amenities
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 3175-17-026-023-0-003-05 | Improvements Assessment | $47,316 |
| Land Assessment | $2,280 | Total Assessment | $49,596 |
Property Taxes
Parcel Number
3175-17-026-023-0-003-05
Land Assessment
$2,280
Improvements Assessment
$47,316
Total Assessment
$49,596
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19095 S 125 Hwy
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