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    10001 SE 15th Street | Midwest City, OK 73130 Midwest City, OK 73130

    View on Map
    Sponsored
    For Lease
    $17 SF/Yr ($9,208 /Mo)

    High-traffic retail space available.

    Lot size:
    6,500 SF

    Property Features for 10001 SE 15th Street | Midwest City, OK 73130

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,500 SF
    Elevators
    N/A
    Total Rate
    9208.33

    Amenities

    Overview

    High-Traffic Midwest City Retail Outparcel

    This 6,500 square foot outparcel building is located at the corner of SE 15th Street and Post Road in Midwest City, Oklahoma. The property benefits from frontage on both thoroughfares, offering excellent visibility and high traffic counts. Situated adjacent to Marcos Pizza and in front of a 50,000 square foot Buy For Less grocery store, the location provides exposure to a substantial customer base. The building includes 43 parking spaces and security lighting. The property is part of a mixed-use commercial area featuring national and local retailers, restaurants, and financial institutions. Its location provides access to Tinker Air Force Base, Midwest Regional Medical Center, and Interstates 40 and 240, all within a 3-mile radius. Approximately 2,266 square feet of the space is available for lease. The property's annual rate is $17 per square foot.

    We can help!

    Listing Contact
    Rick Pritchett

    Learn more

    Property Insight Report

    HighLights

    • Prime 6,500 sq ft out‑parcel building in Midwest City, OK.
    • High‑traffic corner location with excellent visibility near major retailers.
    • 43 parking spaces, security lighting, and adjacency to Marcos Pizza.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    State
    Oklahoma
    Longitude
    -97.352692
    Latitude
    35.450021

    Nearby Comparable

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      Turn-Key Restaurant Space Available

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      Office building with multiple offices, conference rooms, and kitchen.
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      Office Space with Ample Parking

      Office space featuring ample parking and shared outdoor space.
      2012-2014 S Post Rd, Midwest City, OK 73141
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    • $2,400 /Mo
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      Office Space Near I-40

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      Renovated Office Space Available

      Move-in ready office space with separate entrances and parking.
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      2,994 SF

      Retail Space in Midwest City

      Neighborhood shopping center on heavily trafficked Douglas Blvd.
      1120-1160 S Douglas Blvd, Oklahoma City, OK 73130
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    • $12 SF/Yr
      30,753 SF

      Office Space Near I-40

      30,753 SF office space with ample parking, near I-40.
      9901 SE 29Th St, Oklahoma City, OK 73130
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    • $12 SF/Yr
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      Rose Rock Center: Sale/Lease

      Midwest City retail center, high-traffic location.
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      280,000 SF

      Oklahoma City Warehouse Space Available

      280,000 square foot warehouse space for lease in Oklahoma City.
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      22,000 SF

      Office Space Ready for Build-Out

      Available office space ready for custom build-outs to tenant needs.
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      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space available.
    Where is this individual retail property located?
    The property is located at 10001 SE 15th Street | Midwest City, OK 73130 Midwest City, OK.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features:
    (405) 605-0825
    Request Owner's contact information
    10001 SE 15th Street | Midwest City, OK 73130 Midwest City, OK 73130
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    Midwest City, OK 73130
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10001 SE 15th Street | Midwest City, OK 73130 Midwest City, OK 73130
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    We can help!
    Listing Contact
    Rick Pritchett
    (405) 605-0825
    Learn more
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