Standalone Retail
For Sale
Contact for pricing
1821 S AIR DEPOT BLVD, Midwest City, OK 73110
Freestanding retail space with a single commercial unit and a compact footprint.
Property Size2,183 SF
Price / SF$341.27
Days on Market168
Property Features for 1821 S AIR DEPOT BLVD
General Information
Standard status
Active
Size
2,183 SF
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1954
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Skybridge Real Estate
Listed By:
Heather Rainer · License #154115
(405) 922-0809
Source:
Crexi
Added: May 4
Changed: Oct 9
Last Checked: Oct 16 at 8:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skybridge Real Estate
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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 standalone storefront contains 2,183 square feet configured as one retail unit. The property was built in 1954 and is located at 1821 S Air Depot Blvd in Midwest City, Oklahoma.
Key Highlights
- 2,183 SF retail building
- Single commercial unit
- Standalone storefront configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,042
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,840
$460.8K
Cap Rate 7%
$329,171
$329.2K
Cap Rate 9%
$256,022
$256.0K
Market Conditions
NOI Build-Up for 2,183 SF
Gross rent
$36.4K $16.68/SF
− Vacancy
−$3.5K −$1.60/SF
EGI
$32.9K $15.08/SF
− OpEx
−$9.9K −$4.52/SF
NOI
$23.0K $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%
$460,840
Cap Rate 7%
$329,171
Cap Rate 9%
$256,022
Alternative Uses
Best Use
Retail
$329.2K
$288.0K – $384.0K
NOI $23,042 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$454.7K
$397.9K – $530.5K
NOI $31,828 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
215k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 41%
Beauty & Spa 2%
Home Improvements & Furnishings 1%
McDonald's
Dining
29,885 visits/mo
0.3 miles
Ollie's Bargain Outlet
Shops & Services
29,312 visits/mo
0.4 miles
Dollar Tree
Shops & Services
25,050 visits/mo
0.3 miles
IHOP
Dining
12,151 visits/mo
0.3 miles
Jimmy's Egg
Dining
11,959 visits/mo
0.3 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
Similar Off Market Nearby
- Sam's Club Floral — 6521 SE 29th St, Midwest City, OK 73110
- Florist — midwest city, ok 73110
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail space with a single commercial unit and a compact footprint.
Where is this storefront property located?
The property is located at 1821 S AIR DEPOT BLVD Midwest City, OK.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 2,183 SF retail building; Single commercial unit; Standalone storefront configuration
