Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1800 South Air Depot Blvd Midwest City, OK 73110

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr ($6,235 /Mo)

    Retail property with ample parking and frontage along Air Depot.

    Property size:
    4,988 SF
    Lot size:
    4,988 SF

    Property Features for 1800 South Air Depot Blvd

    General Information

    Size
    4,988 SF

    We can help!

    Listing Contact
    David Hartnack
    Source: Naiglobal

    Listing Agent: David Hartnack

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

    Learn more

    Overview

    Retail Space Near Rose State

    This retail property, with a total size of 4988 square feet, is located in close proximity to Rose State College and features frontage along Air Depot Boulevard. The property offers ample parking, with additional parking available in the back. The units are metered separately. A drive-thru may be possible on the north end cap. The property is suitable for retail spaces, drive-through restaurants, and restaurants.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.405589
    Latitude
    35.446891

    Nearby Similar for Lease

    • $1,500 /Mo
      4,978 SF

      Retail Space in Midwest City

      Retail space available for lease in Midwest City, Oklahoma.
      2228 S Air Depot Blvd, Midwest City, OK 73110
      View Details
    • $12 SF/Yr
      75,071 SF

      Heritage Plaza Office Suites

      Midwest City, OK Office Space Available
      351 Air Depot Blvd, Midwest City, OK 73110
      View Details
    • $12 SF/Yr
      10,156 SF

      Rose Rock Center: Sale/Lease

      Midwest City retail center, high-traffic location.
      111 N. Post Road, Midwest City, OK 73130
      View Details
    • $19 SF/Yr
      7,968 SF

      Prime Office Space, S Douglas

      Multi-tenant office building; suites available.
      1113 Douglas Blvd, Midwest City, OK 73130
      View Details
    • $15 SF/Yr
      10,000 SF

      Oakleaf Plaza: Retail Space Available

      Midwest City Restaurant & Retail Space
      2601 Douglas Blvd, Midwest City, OK 73130
      View Details
    • $15 SF/Yr
      21,936 SF

      Midwest City Medical Office Building

      Prime Medical Office Space Available
      1001 Douglas Blvd, Midwest City, OK 73130
      View Details
    • $25 SF/Yr
      5,208 SF

      Midwest City Retail Space - 5208 SF

      Prime Retail Location, High Traffic Area
      6205 15Th St, Midwest City, OK 73110
      View Details
    • $10 SF/Yr
      8,549 SF

      Midwest City Office Space Available

      Versatile Office Space, 3802 sq ft Available
      2017 Air Depot Blvd, Midwest City, OK 73110
      View Details
    • $15 SF/Yr
      35,597 SF

      Midwest City Retail Center

      High-traffic retail space, excellent visibility.
      101 N Douglas Blvd, Midwest City, OK 73130
      View Details
    • $10 SF/Yr
      1,377 SF

      Midwest City Office Building

      Freestanding Office, High Visibility, 1,377 SF
      7117 Reno Ave, Midwest City, OK 73110
      View Details
    • $12 SF/Yr
      4,800 SF

      Midwest City Executive Office Suites

      Prime Retail/Office Space Available
      700 Air Depot Blvd, Midwest City, OK 73140
      View Details
    • $19 SF/Yr
      37,988 SF

      Oklahoma City Medical Office Building

      Prime Medical Office Space Available
      1201 Douglas Blvd, Midwest City, OK 73130
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property with ample parking and frontage along Air Depot.
    Where is this retail property located?
    The property is located at 1800 South Air Depot Blvd Midwest City, OK.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Proximity to Rose State College; - Ample Parking with Additional Parking in Back; - Units Metered Separately
    (405) 761-8955
    Request Owner's contact information
    1800 South Air Depot Blvd Midwest City, OK 73110
    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.
    1800 South Air Depot Blvd
    Midwest City, OK 73110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1800 South Air Depot Blvd Midwest City, OK 73110
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Hartnack
    Real Estate License ID: OK #152924
    (405) 761-8955
    Learn more
    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.