200 NE 38th Ter Flex Building

200 NE 38th Ter Oklahoma City, OK 73105

200 NE 38th Ter, Oklahoma City, OK, 73105
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$495,000
Last Verified:
Dec 02, 2024

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Highlights

  • Opportunity Zone Property
  • Strong Industrial Area
  • Tilt Up Concrete Construction

Description

Situated in close proximity to major transportation arteries, including highways and rail lines, the industrial zone around this block of NE 38th Terrace enjoys unparalleled accessibility, facilitating seamless movement of goods and materials. Supported by a skilled labor force drawn from the surrounding communities, businesses in the area benefit from a robust talent pool equipped with the expertise necessary to drive productivity and innovation. The surrounding industrial area offers boundless opportunities, making it an attractive destination for
businesses.

The industrial area surrounding NE 38th Terrace offers the perfect blend of location, opportunity, and potential. Call us today to join many others in shaping the future of commerce and innovation in Northeast Oklahoma City.

Industrial/Office Property Portfolio in NE OKC:
Located on NE 38th Terrace, this property presents a value-add investment
opportunity in NE Oklahoma City. Suitable for both industrial
and office use, this property is ideally positioned for businesses seeking versatile spaces in
a solid industrial zone.
Key Features:
Location: Situated on NE 38th Terrace, this property offers easy access to major highways
and transportation hubs, enhancing connectivity for businesses and clients alike.
Mixed-Use Potential: Currently built out primarily as office, the building offer flexibility
for a variety of uses.
Abundant Parking: Ample parking available for accommodating staff, clients, and visitors.
Strong Industrial Area: Nestled within a robust industrial district, the property benefits
from the surrounding business ecosystem, fostering growth and opportunity for tenants.
Investment Opportunity: Whether you're looking to move your business, expanding your portfolio or seeking a strategic
investment to add value to without a ground-up project, this property has
lucrative return potential and long-term value appreciation.


Year Built: 2010
Building Size: 6000sq ft
Building Class: C
Lot Size: 0.3 acres

Map of 200 NE 38th Ter, Oklahoma City, OK, 73105

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.