Building Details

Year built 1964

Listing Agency: Whittington Realty r***@whittingtonhome.com Show Phone

Listed By: Cynthia Carlton · License #173689 Show Phone

Added: Apr 29, 2025 Changed: Aug 20 Last Checked: Oct 7 at 7:06PM

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MLS# 1167365

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 storefront property includes 2,400 square feet of commercial space on a 0.3483-acre parcel. Constructed in 1964, the building is zoned Commercial and occupies a corner position at NW 36th Street and the I-44 service road in Oklahoma City.

The sale excludes the existing business and its inventory, leaving the transaction focused on the real estate. The property’s prominent intersection setting and storefront configuration provide a visible commercial presence along an established roadway corridor.

Key Highlights

• 2,400‑square‑foot storefront property
• 0.3483‑acre commercial parcel
• Corner location at NW 36th Street and the I‑44 service road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$47,376

Cap Rate

5.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$947,520 $947.5K

Cap Rate 7%

$676,800 $676.8K

Cap Rate 9%

$526,400 $526.4K

Market Conditions

NOI Build-Up for 2,400 SF

Gross rent

$72.0K $30.00/SF

− Vacancy

−$4.3K −$1.80/SF

EGI

$67.7K $28.20/SF

− OpEx

−$20.3K −$8.46/SF

NOI

$47.4K $19.74/SF

Area

Oklahoma City, OK

Vacancy

6.00%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$947,520

Cap Rate 7%

$676,800

Cap Rate 9%

$526,400

Alternative Uses

Best Use

Retail

$676.8K

$592.2K – $789.6K (±1% cap)

NOI $47,376 @ 7.0% cap · market cap 5.26%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$820.8K

$718.2K – $957.6K (±1% cap)

NOI $57,456 @ 7.0% cap · market cap 6.38%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Gear Exchange (Bike/Boat/Book/etc) Store Twin Hills Golf ... Bar & Pub Twin Hills Maintenance ... Golf Course S.M.B PRODUCTIONS L.L.C Marketing & Advertising Taylor Accounting Systems Tax Preparation

Suggested Use

Top Pick Parking Lot & Garage Hair Salon HVAC Service Pharmacy Real Estate Agency Grocery & Convenience Store

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

516

Businesses Nearby

147k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 44% Dining 43% Shops & Services 12% Beauty & Spa 1%

WinCo Foods Groceries

63,928 visits/mo 0.3 miles

McDonald's Dining

31,828 visits/mo 0.4 miles

7 Brew Coffee Dining

12,246 visits/mo 0.3 miles

OnCue Express Shops & Services

10,997 visits/mo 0.3 miles

Wingstop Dining

7,581 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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercially zoned corner property at NW 36th Street and the I-44 service road.

Where is this storefront property located?

The property is located at 3401 NW 36th Street Oklahoma City, OK.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: 2,400‑square‑foot storefront property; 0.3483‑acre commercial parcel; Corner location at NW 36th Street and the I‑44 service road