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    Oklahoma City Retail Opportunity Title is generated by Realmo AI

    2228 SW 104th St, Oklahoma City, OK

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    For Sale
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    10,000 SF building, built in 2023, on 1.48 acres.

    Type:RETAIL
    Property size:
    10,000 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $300/SF
    Added:
    Aug 19, 2025
    Days on Market:
    277
    Last Refresh:
    Apr 5 at 9:18 pm

    Property Features for 2228 SW 104th St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    0.28 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 2228 SW 104th St Contact us

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    Listing Contact
    Grant Stewart, CCIM
    Grant Stewart, CCIM

    Listing agent Grant Stewart, CCIM License #140822

    Listing office Wiggin Properties - Tulsa

    Listing date Aug 19, 2025

    Source Moodyscre

    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 Wiggin Properties - Tulsa

    HighLights

    • Built in 2023, this is new construction
    • 10,000 SF single‑story building
    • 1.48 acre lot
    • High‑visibility location
    • Strong area demographics
    • Ideal for multiple uses

    Overview

    This is a 10,000 square foot single-story retail building constructed in 2023. It is situated on a 1.48-acre lot. The property was formerly a childcare center and is suitable for a variety of uses. It benefits from a high-visibility location and strong area demographics.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $2.19M
    NOI $197,400 @ 9.00% cap · cautious / downside scenario
    Moderate
    $2.82M
    NOI $197,400 @ 7.00% cap · market / base-case scenario
    Aggressive
    $3.95M
    NOI $197,400 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Retail

    Component $ $/SF
    Gross rent $300.0k $30.00
    − Vacancy −$18.0k −$1.80
    EGI $282.0k $28.20
    − OpEx −$84.6k −$8.46
    NOI $197.4k $19.74
    10,000 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $2.82M
    $2.47M – $3.29M (±1% cap)
    NOI $197,400 @ 7.0% cap · market cap 6.58%
    Second Best
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.42M
    $2.99M – $3.99M (±1% cap)
    NOI $239,400 @ 7.0% cap · market cap 7.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Learning Experience - Southwest ... Daycare Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Navy Blooms - Moore 2864 n shields blvd, moore, ok 73160
    • Rowlandsflowercottage 2402 regency pl, moore, ok 73160

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5498
    Latitude
    35.3627

    FAQs

    What type of property is this?
    Storefront property - 10,000 SF building, built in 2023, on 1.48 acres.
    Where is this storefront property located?
    The property is located at 2228 SW 104th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Built in 2023, this is new construction; **10,000 SF single‑story building**; 1.48 acre lot
    (918) 645-7679 Call to check price and availability
    More about this property
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