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    10505 N May Ave Oklahoma City, OK 73120

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    For Sale
    Contact for pricing

    Multi-tenant retail asset in Oklahoma City's prime corridor.

    Property size:
    16,241 SF
    Lot size:
    0.86 Acres

    Property Features for 10505 N May Ave

    General Information

    Size
    16,241 SF
    Lot size
    0.86 Acres

    Source: Wiggin Properties - OKC Agent Ian Sioux

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Retail Asset

    Village Park North is a fully occupied, multi-tenant retail asset located along North May Avenue in northwest Oklahoma City. The property offers a mark-to-market opportunity in a tightly held corridor. The site, totaling 1.35 acres, is surrounded by a mix of local and national retailers. Constructed in 1973, the 16,241-square-foot asset has been under the same family ownership for decades, with strategic capital improvements and strong tenant relationships. It is currently fully occupied with a 1.49-year weighted average lease term (WALT) remaining. This allows for immediate repositioning and lease conversions. The property is located within a tight supply corridor where less than 3% of land remains undeveloped. Village Park North is positioned for value enhancement under new ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Relax The Back Furniture Store

    Suggested Use

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

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

    Similar Places Nearby

    Quail Plaza Shopping Center, Village Park South, penn square mall, Shoppes at Northpark

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.567774
    Latitude
    35.576171

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail asset in Oklahoma City's prime corridor.
    Where is this shopping center located?
    The property is located at 10505 N May Ave Oklahoma City, OK.
    What are key features of this property?
    This property features: - Fully occupied multi-tenant retail asset in a tightly held corridor of Oklahoma City.; - Mark-to-market opportunity at a basis well below replacement cost.; - Located on North May Avenue, a highly visible retail spine.
    (405) 659-6782
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    10505 N May Ave Oklahoma City, OK 73120
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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
    10505 N May Ave Oklahoma City, OK 73120
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