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Shopping Center with Expansion Land
For Sale
$2,700,000

3124 N May Avenue, Oklahoma City, OK 73112

Commercial Sale, Oklahoma City, OK

Property Size31,012 SF
Lot Size5.18 Acres
Price / SF$87.06
Days on Market181

Property Features for 3124 N May Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Ne corner of Nw. 31st and May Avenue
Standard status Active
APN 3124NMay73112
Size 31,012 SF
Lot size 5.18 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 1955
Floors in Building 1
Building materials Brick, Brick & Frame
Listing Agency: RE/MAX Preferred · RE/MAX International
Listed By: Paul Brooks · License #116430
Added: Apr 10 Changed: Oct 1 Last Checked: Oct 7 at 5:06PM
MLS# 1223486

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 31,012-square-foot neighborhood shopping center sits on a 5.18-acre parcel along North May Avenue. The property includes paved parking of approximately 11,748 square feet, several vacant units, and 1 to 1.2 acres of undeveloped land on its east side. Existing tenants include Harry’s Grill and multiple address-based retail occupants; lease terms range from month-to-month to agreements extending through May 2027.

The property spans a full city block from NW 31st to NW 32nd on the northeast side of May Avenue. Commercial zoning, public water, and public sewer serve the site. The center was built in 1955.

Key Highlights

  • 31,012‑square‑foot shopping center on 5.18 acres
  • Approximately 11,748 square feet of paved parking
  • 1 to 1.2 acres of undeveloped land on the east side

Property Analytics

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Current Use

Barry's Grill Restaurant C L art ... Home Decor Store A H Market Grocery & Convenience Store Heidari Properties Association Or Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Nail Salon Parking Lot & Garage

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 48% Shops & Services 47% Leisure 6%
Wendy's Dining
12,393 visits/mo 0.4 miles
Starbucks Dining
11,274 visits/mo 0.4 miles
OnCue Express Shops & Services
9,497 visits/mo 0.4 miles
Chase Bank Shops & Services
8,176 visits/mo 0.5 miles
Dunkin' Donuts Dining
8,009 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Oklahoma City, OK

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025
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Similar Off Market Nearby

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  • Antiques And More — 3131 n may ave, oklahoma city, ok 73112
  • Brookside Plaza — 3604 N May Ave, Oklahoma City, OK 73112

Frequently Asked Questions

What type of property is this?
Shopping center - The neighborhood retail center combines occupied storefronts with vacant units and undeveloped land on site.
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 $2,700,000.
What are key features of this property?
This property features: 31,012‑square‑foot shopping center on 5.18 acres; Approximately 11,748 square feet of paved parking; 1 to 1.2 acres of undeveloped land on the east side
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