Conventional Restaurant with Interstate
For Sale
Contact for pricing
433 Planet Court, Midwest City, OK 73110
The property benefits from traffic on SE 29th St and Air Depot Blvd, plus access from I-40.
Property Size5,951 SF
Price / SF$0.00
Days on Market137
Property Features for 433 Planet Court
General Information
Standard status
Active
Size
5,951 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
CBRE | Oklahoma City
Listed By:
Stuart Graham
(405) 607-6027
Source:
Cbre
Added: Jun 2
Changed: Sep 30
Last Checked: Oct 14 at 10:26PM
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 CBRE | Oklahoma City
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This conventional restaurant property is located at 433 Planet Court in Midwest City, Oklahoma. The site has visibility from Interstate 40 and access from the interstate, supporting exposure to passing motorists.
Traffic activity along SE 29th St and Air Depot Blvd adds to the property's roadway presence. The surrounding access pattern connects the site with I-40 and these major local corridors.
Traffic activity along SE 29th St and Air Depot Blvd adds to the property's roadway presence. The surrounding access pattern connects the site with I-40 and these major local corridors.
Key Highlights
- 433 Planet Court, Midwest City, OK 73110
- Interstate 40 visibility
- Traffic exposure along SE 29th St and Air Depot Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,597
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,940
$1.3M
Cap Rate 7%
$894,243
$894.2K
Cap Rate 9%
$695,522
$695.5K
Market Conditions
NOI Build-Up for 5,951 SF
Gross rent
$89.3K $15.00/SF
− Vacancy
−$5.8K −$0.98/SF
EGI
$83.5K $14.03/SF
− OpEx
−$20.9K −$3.51/SF
NOI
$62.6K $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%
$1,251,940
Cap Rate 7%
$894,243
Cap Rate 9%
$695,522
Alternative Uses
Best Use
Specialty Retail
$894.2K
$782.5K – $1.04M
NOI $62,597 @ 7.0% cap · market cap 417,313.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,764 @ 7.0% cap · market cap 578,426.67%
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
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
400k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Superstores 26%
Shops & Services 25%
Home Improvements & Furnishings 10%
Sam's Club
Superstores
102,446 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
42,036 visits/mo
0.4 miles
Raising Cane's Chicken Fingers
Dining
36,501 visits/mo
0.2 miles
Sam's Club Gas Station
Shops & Services
29,294 visits/mo
0.2 miles
Midwest City #3
Shops & Services
28,376 visits/mo
0.2 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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property benefits from traffic on SE 29th St and Air Depot Blvd, plus access from I-40.
Where is this conventional restaurant located?
The property is located at 433 Planet Court Midwest City, OK.
What are key features of this property?
This property features: 433 Planet Court, Midwest City, OK 73110; Interstate 40 visibility; Traffic exposure along SE 29th St and Air Depot Blvd
