Storefront with Grade
For Sale
$1,279,000
4415 W Reno Avenue, Oklahoma City, OK 73107
Commercial Sale, Oklahoma City, OK
Property Size8,080 SF
Lot Size0.62 Acres
Price / SF$158.29
Days on Market642
Property Features for 4415 W Reno Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Industrial
Directions
From W Reno Avenue and S Meridian Rd East one block on Reno to property on North side of Reno
Standard status
Active
APN
4415WReno73107
Size
8,080 SF
Lot size
0.62 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
lighted monument sign
sprinklered landscaping
Building Details
Year built
2024
Floors in Building
1
Building materials
EFIS, Metal Siding
Listing Agency:
Andy Janko Realty Ltd Co.
(405) 790-0404
Listed By:
Dave Shannon · License #138374
(405) 620-6720
Added: Jan 3, 2025
Changed: Oct 1
Last Checked: Oct 7 at 7:06PM
MLS# 1149454
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.
Completed in 2024, this 8,080-square-foot storefront property combines customer-facing retail space with warehouse capability. Two 10' X 10' grade-level doors support loading and storage operations, while EFIS and metal siding form the exterior. The site is served by public water and public sewer and carries Industrial zoning.
The 0.6227-acre parcel fronts Reno Avenue in Oklahoma City and provides convenient Interstate access. On-site improvements include 37 dedicated parking spaces, a lighted monument sign, and sprinklered landscaping. The configuration supports a range of storefront and supply-oriented commercial uses without relying solely on retail floor area.
The 0.6227-acre parcel fronts Reno Avenue in Oklahoma City and provides convenient Interstate access. On-site improvements include 37 dedicated parking spaces, a lighted monument sign, and sprinklered landscaping. The configuration supports a range of storefront and supply-oriented commercial uses without relying solely on retail floor area.
Key Highlights
- 8,080‑square‑foot storefront property completed in 2024
- Two 10' X 10' grade doors support warehouse and loading functions
- 0.6227‑acre Industrial‑zoned parcel with Reno Avenue frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,905
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,100
$2.2M
Cap Rate 7%
$1,555,786
$1.6M
Cap Rate 9%
$1,210,056
$1.2M
Market Conditions
NOI Build-Up for 8,080 SF
Gross rent
$174.5K $21.60/SF
− Vacancy
−$7.0K −$0.86/SF
EGI
$167.5K $20.74/SF
− OpEx
−$58.6K −$7.26/SF
NOI
$108.9K $13.48/SF
Area
Oklahoma City, OK
Vacancy
4.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,100
Cap Rate 7%
$1,555,786
Cap Rate 9%
$1,210,056
Alternative Uses
Best Use
Retail
$2.28M
$1.99M – $2.66M
NOI $159,499 @ 7.0% cap · market cap 12.47%
Second Best
Flex RnD
$1.56M
$1.36M – $1.82M
NOI $108,905 @ 7.0% cap · market cap 8.51%
Theoretical Best
Specialty Retail
$2.76M
$2.42M – $3.22M
NOI $193,435 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Industrial-zoned storefront with warehouse functionality and dedicated parking.
Where is this storefront property located?
The property is located at 4415 W Reno Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,279,000.
What are key features of this property?
This property features: 8,080‑square‑foot storefront property completed in 2024; Two 10' X 10' grade doors support warehouse and loading functions; 0.6227‑acre Industrial‑zoned parcel with Reno Avenue frontage
