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    6520 E. Reno Avenue Midwest City, OK 73110

    Source: https://www.naisullivangroup.com
    For Sale
    $650,000

    Prime 6,589 RSF office building, 0.86 acres. High occupancy.

    Property size:
    6,589 SF

    Description

    Added:
    Apr 3, 2025
    Days on Market:
    254
    This exceptional investment opportunity presents a 6,589 square foot office building situated on a 0.86-acre lot in Midwest City, Oklahoma. Located at 6520 E. Reno Avenue, the property boasts a highly desirable C-1 zoning classification. Currently 100% occupied, this building offers a strong 8.33% capitalization rate, making it an attractive prospect for investors seeking stable income. Recent upgrades significantly enhance the property's value and appeal. These improvements include the installation of updated LED 2x4 lighting panels throughout, comprehensive foam insulation for enhanced energy efficiency, and the addition of new drop ceilings for a modern aesthetic. Furthermore, the property features a newly paved parking lot, ensuring convenient and well-maintained access for tenants and visitors. The building's size and location in Midwest City, OK 73110, provide ample space and excellent accessibility. This turnkey opportunity is ready for immediate ownership and income generation. The asking price is $650,000.

    Property Features for 6520 E. Reno Avenue

    General Information

    Property type
    Other office properties
    Square Feet
    6,589 SF
    Price / Square Foot
    $98
    Elevators
    N/A
    Net Rentable
    6,589 SF
    Lot Size
    37,462 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime Midwest City location, 6,589 square feet on 0.86 acres.
    • Fully occupied building offering an 8.33% cap rate.
    • Recent upgrades include LED lighting, foam insulation, and new parking lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    State
    Oklahoma
    Longitude
    -97.412215
    Latitude
    35.463692

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    FAQs

    What type of property is this?
    Office property - Prime 6,589 RSF office building, 0.86 acres. High occupancy.
    Where is this office property located?
    The property is located at 6520 E. Reno Avenue Midwest City, OK.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime Midwest City location, 6,589 square feet on 0.86 acres.; Fully occupied building offering an 8.33% cap rate.; Recent upgrades include LED lighting, foam insulation, and new parking lot.
    (760) 889-2305
    Request Owner's contact information
    6520 E. Reno Avenue Midwest City, OK 73110
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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
    6520 E. Reno Avenue Midwest City, OK 73110
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