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    102104 NW 16Th St Newcastle, OK 73065

    For Sale
    $1,125,000

    Investment - Newcastle, OK

    Property size:
    8,735 SF
    Lot size:
    2.15 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 102104 NW 16Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    102104NW16th73065
    Size
    8,735 SF
    Lot size
    2.15 Acres

    Building Details

    Year built
    1979
    Building materials
    Frame
    Architectural style
    Other

    Chamberlain Realty LLC (405) 300-0543 [email protected]

    Listing agent Tiffany M Elcyzyn (405) 300-0543 License #148287

    Listing date Nov 17, 2025

    MLS# 1177758 Listing URL

    Copyright © 2025 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newcastle Commercial Investment Opportunity

    This two-building commercial portfolio presents an investment opportunity in Newcastle, Oklahoma, situated between Norman and South Oklahoma City. The property features a mix of Triple Net (NNN) and Modified Gross leases. The on-site businesses include a licensed daycare facility occupying 2980 square feet, fully compliant and equipped with classrooms, outdoor play areas, and secure entry points. Additionally, there is a granite manufacturing business with 1225 square feet of office space and a 4600-square-foot warehouse, featuring ample workspace, specialized equipment, and an efficient layout. The property includes acreage, allowing room for future expansion, storage, or additional development. Convenient access to major roadways is provided, along with ample parking and a gated drive. The property is positioned to benefit from the upcoming turnpike and the Indian Nation Hospital, potentially transitioning the area into a regional commercial hub. The property is 8735 square feet in total and sits on a 2.15-acre lot.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Wholesale Shop Department Store Kitchen & Bath HVAC Service Garden Center Plumbing Service Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    McClain
    State
    Oklahoma
    Longitude
    -97.601834
    Latitude
    35.261107

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    FAQs

    What type of property is this?
    Storefront property - Two-building commercial portfolio with established tenants in Newcastle, Oklahoma.
    Where is this storefront property located?
    The property is located at 102104 NW 16Th St Newcastle, OK.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: - Stable, income-producing commercial portfolio in the growing Newcastle submarket.; - Mix of Triple Net (NNN) and Modified Gross leases with established tenants.; - **Includes a fully compliant and operating licensed daycare facility with strong community demand.**
    (405) 300-0543
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    102104 NW 16Th St Newcastle, OK 73065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102104 NW 16Th St Newcastle, OK 73065
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