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Brick Storefront with Mini-Split
For Sale
$250,000

1302 N Key Boulevard, Midwest City, OK 73110

Commercial Sale, Midwest City, OK

Property Size1,680 SF
Lot Size0.08 Acres
Price / SF$148.81
Days on Market48

Property Features for 1302 N Key Boulevard

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Directions From SE 15th & Air Depot go East to Key Blvd / Turn South and building is on the south side of the 7-Eleven
Standard status Active
APN 1302NKey73110
Size 1,680 SF
Lot size 0.08 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1961
Floors in Building 1
Building materials Brick
Listing Agency: KING Real Estate Group
Listed By: Karen King · License #122366
Added: Sep 20 Changed: Oct 23 Last Checked: Nov 6 at 5:06AM
MLS# 1250194

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,680-square-foot brick storefront is positioned at the south end of the 7-Eleven building at SE 15th and Key Boulevard. The property has supported salon and art studio operations and includes a mini-split air-conditioning system. The roof was replaced in 2023, while the existing HVAC system is not in working order. The building is offered in as-is condition.

The 0.0815-acre site is zoned Commercial and served by public water and public sewer. Built in 1961, the property provides a compact commercial footprint for an owner-user or operator evaluating a storefront location in Midwest City.

Key Highlights

  • 1,680‑square‑foot brick commercial storefront
  • Roof replaced in 2023
  • Mini‑split air‑conditioning system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,733
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,660 $354.7K
Cap Rate 7%
$253,329 $253.3K
Cap Rate 9%
$197,033 $197.0K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$28.0K $16.68/SF
− Vacancy
−$2.7K −$1.60/SF
EGI
$25.3K $15.08/SF
− OpEx
−$7.6K −$4.52/SF
NOI
$17.7K $10.56/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,660
Cap Rate 7%
$253,329
Cap Rate 9%
$197,033

Alternative Uses

Best Use
Retail
$253.3K
$221.7K – $295.6K (±1% cap)
NOI $17,733 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.9K
$306.2K – $408.2K (±1% cap)
NOI $24,494 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Building Supply Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
39k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Apparel 26% Dining 4% Home Improvements & Furnishings 3%
7-Eleven Shops & Services
15,665 visits/mo 0.1 miles
Goodwill Apparel
10,146 visits/mo 0.2 miles
Family Dollar Shops & Services
6,956 visits/mo 0.1 miles
Bank Of Oklahoma - Midwest City Shops & Services
3,685 visits/mo 0.3 miles
Domino's Pizza Dining
1,548 visits/mo 0.5 miles

Demographics for 73110, OK

33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Florist — midwest city, ok 73110
  • Penny and Irene's Flowers & Gifts — 7556 SE 15th St, Midwest City, OK 73110

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront with public water and sewer, a replaced roof, and flexible prior salon and art studio use.
Where is this storefront property located?
The property is located at 1302 N Key Boulevard Midwest City, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,680‑square‑foot brick commercial storefront; Roof replaced in 2023; Mini‑split air‑conditioning system
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