Single-Story Restaurant With Entertainment
For Sale
$1,200,000
2113 S Air Depot Boulevard, Midwest City, OK 73110
Commercial Sale, Midwest City, OK
Property Size5,775 SF
Lot Size0.64 Acres
Price / SF$207.79
Days on Market140
Property Features for 2113 S Air Depot Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
From the intersection of I-40 and Air Depot, head North .6 miles. Property will be on the West side of Air Depot Blcd.
Standard status
Active
APN
2113SAirDepot73110
Size
5,775 SF
Lot size
0.64 Acres
Utilities
Water source
Public
Building Details
Year built
2018
Floors in Building
1
Listing Agency:
Home Place Real Estate
(580) 399-6379
Listed By:
Heston Bush · License #158403
(580) 399-8990
Added: May 27
Changed: Sep 8
Last Checked: Oct 13 at 3:06PM
MLS# 1231486
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.
Investment Insights
Based on property information with market context.
This single-story restaurant property contains 5,775 square feet in a concrete masonry and steel building completed in 2018. The interior includes a partially built-out commercial kitchen and nine private entertainment suites, including two VIP rooms, one mid-size room, and smaller group rooms. Suite improvements include professional sound systems, programmable lighting, and large-screen projection. Package HVAC provides central electric cooling and central gas heat, while public sewer, electric, and gas serve the property. The building has a slab foundation and a flat gravel-and-rock roof.
The 0.6442-acre corner-influence parcel is located at 2113 S Air Depot Boulevard in Midwest City, with approximately 150 feet of frontage and 50 paved parking spaces. A curb-cut configuration supports site access, and the property is reachable from I-40 through the S Air Depot exit. Commercial zoning is identified for the site, with the existing layout supporting restaurant, bar, entertainment, retail, office, and service-oriented concepts where permitted.
The 0.6442-acre corner-influence parcel is located at 2113 S Air Depot Boulevard in Midwest City, with approximately 150 feet of frontage and 50 paved parking spaces. A curb-cut configuration supports site access, and the property is reachable from I-40 through the S Air Depot exit. Commercial zoning is identified for the site, with the existing layout supporting restaurant, bar, entertainment, retail, office, and service-oriented concepts where permitted.
Key Highlights
- 5,775 SF single‑story building completed in 2018
- 0.6442‑acre lot measuring 28,061 SF
- Approximately 150 feet of frontage on S Air Depot Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,746
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,214,920
$1.2M
Cap Rate 7%
$867,800
$867.8K
Cap Rate 9%
$674,956
$675.0K
Market Conditions
NOI Build-Up for 5,775 SF
Gross rent
$86.6K $15.00/SF
− Vacancy
−$5.6K −$0.98/SF
EGI
$81.0K $14.03/SF
− OpEx
−$20.2K −$3.51/SF
NOI
$60.7K $10.52/SF
Area
Oklahoma County, OK
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,214,920
Cap Rate 7%
$867,800
Cap Rate 9%
$674,956
Alternative Uses
Best Use
Specialty Retail
$867.8K
$759.3K – $1.01M
NOI $60,746 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,198 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
202k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Home Improvements & Furnishings 22%
Shops & Services 12%
Office Supplies 3%
Lowe's
Home Improvements & Furnishings
42,036 visits/mo
0.5 miles
McDonald's
Dining
29,885 visits/mo
0.5 miles
McAlister's Deli
Dining
12,157 visits/mo
0.4 miles
IHOP
Dining
12,151 visits/mo
0.5 miles
Jimmy's Egg
Dining
11,959 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Feast — 5807 SE 15th St, Midwest City, OK 73110
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial property with a partially equipped kitchen, private entertainment rooms, and flexible restaurant, lounge, retail, or office potential.
Where is this conventional restaurant located?
The property is located at 2113 S Air Depot Boulevard Midwest City, OK.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,775 SF single‑story building completed in 2018; 0.6442‑acre lot measuring 28,061 SF; Approximately 150 feet of frontage on S Air Depot Blvd
