Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2906-2962 SW 59th Street Oklahoma City, OK 73119

    Source: https://www.naisullivangroup.com
    For Sale
    $6,100,000

    111,257 SF on 12.32 Acres Value Add-Almonte Shopping Center For Sale

    Property size:
    111,257 SF

    Description

    Added:
    Mar 31, 2025
    Days on Market:
    252
    Sales Price: $6,100,000

    2906-2962 SW 59th Street, Oklahoma City, OK 73119

    111,257 SF on 12.32 Acres MOL

    67% Occupied
    Below Market Rents
    Pad Site Opportunity
    Low Price/SF – $54/SF
    Located on the Corner of SW 59th & May Avenue
    Estimated NOI: $404,450

    Property Features for 2906-2962 SW 59th Street

    General Information

    Property type
    Other retail properties
    Investment Type
    value-add
    Square Feet
    111,257 SF
    Price / Square Foot
    $54
    Elevators
    N/A
    Net Rentable
    111,257 SF
    Lot Size
    536,659 SF
    Net Operating Income
    $404,450

    Building Details

    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    State
    Oklahoma
    Longitude
    -92.416419
    Latitude
    35.081817

    Nearby Similar for Sale

    • $800,000
      26,274 SF

      Spacious Church Building in Oklahoma City

      26,274 SF church on 1.57 acres in Oklahoma City.
      3415 S Western Ave, Oklahoma City, OK 73109
      View Details
    • $225,000
      1,955 SF

      Updated Duplex in Oklahoma City

      Two units, updated main house, additional rental income stream.
      3836 NW Liberty St, Oklahoma City, OK 73107
      View Details
    • $290,000
      Pending

      Four-Unit Multiplex Investment Opportunity

      Four-unit multiplex in Midwest City near Tinker Air Force Base.
      819 N Ky Blvd, Oklahoma City, OK 73110
      View Details
    • $295,000
      1,950 SF

      Historic Duplex Near Paseo Arts

      Charming duplex near Paseo Arts District, offering immediate cash flow.
      926 W Hill St, Oklahoma City, OK 73118
      View Details
    • Contact for pricing
      3,024 SF

      Oklahoma City Office For Sale

      Professional office spaces available in The Village neighborhood.
      2812 W Hefner Rd, Oklahoma City, OK 73120
      View Details
    • $999,900
      Pending

      Renovated Multifamily Investment Property

      Turnkey 14-unit multifamily property in prime Oklahoma City location.
      225 NW 24Th St, Oklahoma City, OK 73103
      View Details

    FAQs

    What type of property is this?
    Other retail property - 111,257 SF on 12.32 Acres Value Add-Almonte Shopping Center For Sale
    Where is this other retail property located?
    The property is located at 2906-2962 SW 59th Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $6,100,000.
    (405) 761-8955
    Request Owner's contact information
    2906-2962 SW 59th Street Oklahoma City, OK 73119
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2906-2962 SW 59th Street
    Oklahoma City, OK 73119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2906-2962 SW 59th Street Oklahoma City, OK 73119
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.