Established Restaurant
For Sale
Contact for pricing
5205 S SHIELDS BLVD, Oklahoma City, OK 73129
Existing food-service property offered as-is for an owner-operated restaurant or other permitted commercial use.
Property Size1,425 SF
Price / SF$157.82
Days on Market52
Property Features for 5205 S SHIELDS BLVD
General Information
Standard status
Active
Size
1,425 SF
Property subtype
Retail
Additional Details
Asking Price
$224,900
Listing Agency:
RE/MAX Lifestyle
Listed By:
Kristina Moosavi · License #159594 Oklahoma
(405) 239-4137
Source:
Crexi
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 8:31AM
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 Lifestyle
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 1,425-square-foot commercial property has operated as a restaurant location for roughly 30 years. The building is being sold as-is and may suit an owner-operated restaurant, neighborhood café, takeout concept, or catering kitchen, subject to verification of permitted uses and condition.
Located in Oklahoma City along the S Shields commercial corridor, the property is near established residential and commercial activity. Its existing restaurant history provides a foundation for continued food-service use or a future renovation and repositioning plan.
Located in Oklahoma City along the S Shields commercial corridor, the property is near established residential and commercial activity. Its existing restaurant history provides a foundation for continued food-service use or a future renovation and repositioning plan.
Key Highlights
- Approximately 1,425 square feet of commercial building area
- Restaurant location for roughly 30 years
- Sold as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,663
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,260
$173.3K
Cap Rate 7%
$123,757
$123.8K
Cap Rate 9%
$96,256
$96.3K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$12.8K $9.00/SF
− Vacancy
−$449 −$0.32/SF
EGI
$12.4K $8.69/SF
− OpEx
−$3.7K −$2.61/SF
NOI
$8.7K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,260
Cap Rate 7%
$123,757
Cap Rate 9%
$96,256
Alternative Uses
Best Use
Specialty Retail
$487.4K
$426.4K – $568.6K
NOI $34,115 @ 7.0% cap · market cap 15.17%
Second Best
Industrial
$123.8K
$108.3K – $144.4K
NOI $8,663 @ 7.0% cap · market cap 3.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 49%
Electronics 2%
McDonald's
Dining
32,906 visits/mo
0.5 miles
OnCue Express
Shops & Services
30,476 visits/mo
0.4 miles
7-Eleven
Shops & Services
1,694 visits/mo
0.4 miles
Boost Mobile
Electronics
1,000 visits/mo
0.4 miles
Demographics for 73129, OK
19,971
Population
7,569
Households
2.6
Avg Household Size
31
Median Age
6%
College-Educated
67%
High-School Grad
12.5 sq mi
ZIP Area
1,598
Density / Sq Mi
$43,941
Median Household Income
$28,481
Median Earnings
$914
Median Rent
$76,400
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing food-service property offered as-is for an owner-operated restaurant or other permitted commercial use.
Where is this conventional restaurant located?
The property is located at 5205 S SHIELDS BLVD Oklahoma City, OK.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Approximately 1,425 square feet of commercial building area; Restaurant location for roughly 30 years; Sold as‑is
