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    1304 N.W. 23rd Street Oklahoma City, OK 73106

    Source: https://www.naisullivangroup.com
    For Lease
    $10 SF/Yr ($3,140 /Mo)

    Prime Retail Space - Sale or Lease

    Lot size:
    3,768 SF

    Description

    Added:
    Apr 1, 2025
    Days on Market:
    249
    This 3,768 square foot free-standing retail building sits on 0.17 acres in Oklahoma City, OK, at 1304 N.W. 23rd Street, zip code 73106. The property features an open floor plan, two offices, a storage area, and one ADA-compliant restroom. A new roof and gutters were installed in 2024. The building is zoned C-3 and enjoys a central location near NW 23rd and Classen Blvd, providing easy access to major highways including I-235, I-44, and I-40. Its proximity to Midtown, Downtown, and several vibrant districts (Asian, Paseo, Plaza, and Uptown 23rd) offers excellent visibility and accessibility. The asking sale price is $585,000, and the lease price is $10.00 per square foot, NNN, with additional NNN charges of $4.18 per square foot. Lease terms are negotiable. This property presents a unique opportunity for retail businesses seeking a high-traffic location with modern amenities.

    Property Features for 1304 N.W. 23rd Street

    General Information

    Property type
    Other mixed-use properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    3,768 SF
    USF (Usable sq. ft)
    3,768 SF
    Elevators
    N/A
    Total Rate
    3140
    Lease Term
    Negotiable
    Taxes (cost per Sq. Ft)
    4.18

    Building Details

    Year Renovated
    2024
    Buildings
    1
    Stories
    1

    HighLights

    • 3,768 square feet retail building on 0.17 acres available for sale or lease.
    • Reduced sales price: $585,000; lease rate: $10/SF NNN.
    • Prime location near major highways and popular Oklahoma City districts.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    State
    Oklahoma
    Longitude
    -97.514874
    Latitude
    35.479186

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Retail Space - Sale or Lease
    Where is this mixed-use property located?
    The property is located at 1304 N.W. 23rd Street Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 3,768 square feet retail building on 0.17 acres available for sale or lease.; Reduced sales price: $585,000; lease rate: $10/SF NNN.; Prime location near major highways and popular Oklahoma City districts.
    (405) 323-6423
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    1304 N.W. 23rd Street Oklahoma City, OK 73106
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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
    1304 N.W. 23rd Street Oklahoma City, OK 73106
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