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    401 Regional Dr Elk City, OK

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    For Lease
    $12 SF/Yr ($7,000 /Mo)

    Retail space available off Regional Drive with I-40 frontage.

    Property size:
    7,000 SF
    Lot size:
    1.24 Acres

    Property Features for 401 Regional Dr

    General Information

    Size
    7,000 SF
    Lot size
    1.24 Acres

    Source: Plains Commercial Real Estate Agent Jake Hinckley

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

    Overview

    Retail Space Near Walmart

    This retail space is located off Regional Drive, situated in front of a Walmart. The site benefits from frontage along I-40, which experiences traffic of over 20,000 vehicles per day. The property offers a total area of 7,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk City
    County
    Beckham
    State
    Oklahoma
    Longitude
    -99.4042592
    Latitude
    35.4119944

    Nearby Similar for Lease

    • Contact for pricing
      2,694 SF

      Restaurant Building with Drive Thru

      Free-standing restaurant building with drive-thru available for lease.
      2710 W 3Rd St, Elk City, OK 73644
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available off Regional Drive with I-40 frontage.
    Where is this retail space located?
    The property is located at 401 Regional Dr Elk City, OK.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Frontage along I-40.; - High traffic volume (over 20,000 vehicles per day).; - Located off Regional Drive.
    (405) 657-0096
    Request Owner's contact information
    401 Regional Dr Elk City, OK
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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
    401 Regional Dr Elk City, OK
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