Neighborhood Shopping Center with Vacant
For Sale
$3,200,000
3124 N May Avenue, Oklahoma City, OK 73112
Neighborhood shopping center includes multiple existing retail units under one roof plus adjacent vacant land for development.
Property Size31,012 SF
Price / SF$103.19
Days on Market125
Property Features for 3124 N May Avenue
General Information
Standard status
Active
Size
31,012 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$21,033
Building Details
Building Size
31,012 SF
Year Built
1955
Stories
1
Units
10
Tenancy
Multi
Listing Agency:
RE/MAX Preferred
(405) 990-0548
Listed By:
Paul Brooks · License #116430
(405) 990-0548
Source:
Capitalrealestateok
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 8 at 6:34PM
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 RE/MAX Preferred
Investment Insights
Based on property information with market context.
This for-sale neighborhood shopping center totals 31,012 square feet (mol) under one roof and includes a mix of occupied suites and several larger units described as currently empty. The property also includes approximately 11,748 square feet of blacktop parking intended to serve the shopping center.
The center is described as running from NW 31st and May to NW 32nd and May on the north side of the street, with the east side of the property including approximately 1 to 1.2 acres of vacant land. Buyer should verify zoning and all information.
The offering includes multiple tenants and leases in place, with listed rents totaling approximately $14,500 per month across current occupancy. Several vacancies are referenced as having potential leasing opportunity in the $1,500 per month range, subject to verification.
The center is described as running from NW 31st and May to NW 32nd and May on the north side of the street, with the east side of the property including approximately 1 to 1.2 acres of vacant land. Buyer should verify zoning and all information.
The offering includes multiple tenants and leases in place, with listed rents totaling approximately $14,500 per month across current occupancy. Several vacancies are referenced as having potential leasing opportunity in the $1,500 per month range, subject to verification.
Key Highlights
- Neighborhood shopping center totaling 31,012 SF (mol) under one roof with multiple existing retail units and longtime tenants
- Blacktop provides approx. 11,748 SF of parking for the Neighborhood Shopping Center
- Adjacent east‑side vacant land includes approx. 1 to 1.2 acres for potential development of small apartment complex, duplex, or rental units
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
111k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 37%
Shops & Services 31%
Dining 29%
Leisure 3%
Lowe's
Home Improvements & Furnishings
40,426 visits/mo
0.4 miles
Wendy's
Dining
12,393 visits/mo
0.3 miles
Starbucks
Dining
11,274 visits/mo
0.2 miles
OnCue Express
Shops & Services
9,497 visits/mo
0.3 miles
Chase Bank
Shops & Services
8,176 visits/mo
0.3 miles
Demographics for 73112, OK
31,113
Population
16,413
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
7.6 sq mi
ZIP Area
4,094
Density / Sq Mi
$57,833
Median Household Income
$39,641
Median Earnings
$1,030
Median Rent
$173,100
Median Home Value
Market
Vacancy Rate% for Retail in Oklahoma City, OK
Questions? Ask Rey
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Similar Off Market Nearby
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- Southerland — 2401 NW 23rd St, Oklahoma City, OK 73107
- NW 23rd St and Villa Avenue Shepherd Mall Office Complex — oklahoma city, ok 73107
- Shepherd Center — 2401 NW 23rd St, Oklahoma City, OK 73107
Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood shopping center includes multiple existing retail units under one roof plus adjacent vacant land for development.
Where is this shopping center located?
The property is located at 3124 N May Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Neighborhood shopping center totaling 31,012 SF (mol) under one roof with multiple existing retail units and longtime tenants; Blacktop provides approx. 11,748 SF of parking for the Neighborhood Shopping Center; Adjacent east‑side vacant land includes approx. 1 to 1.2 acres for potential development of small apartment complex, duplex, or rental units
