Automotive Property with Commercial
New
For Sale
$325,000
5912 S Shields Boulevard, Oklahoma City, OK 73129
Commercial Sale, Oklahoma City, OK
Property Size1,200 SF
Lot Size0.32 Acres
Price / SF$270.83
Days on Market1
Property Features for 5912 S Shields Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Standard status
Active
APN
5912SShields73129
Size
1,200 SF
Lot size
0.32 Acres
Building Details
Year built
2011
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Cory Alexander · License #182047
(270) 535-0599
Added: Aug 24
Last Checked: Aug 24 at 10:06PM
MLS# 1246033
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 automotive property includes a 1,200-square-foot building on a 0.3214-acre parcel. Constructed in 2011, the asset is identified for automotive use within a Commercial zoning designation.
The property is located at 5912 S Shields Boulevard in Oklahoma City, Oklahoma 73129. Its configuration combines a modest building area with a separately identified commercial lot, offering a straightforward format for an automotive-oriented commercial operation.
The property is located at 5912 S Shields Boulevard in Oklahoma City, Oklahoma 73129. Its configuration combines a modest building area with a separately identified commercial lot, offering a straightforward format for an automotive-oriented commercial operation.
Key Highlights
- 1,200‑square‑foot commercial building
- 0.3214‑acre parcel
- Built in 2011
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,688
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$473,760
$473.8K
Cap Rate 7%
$338,400
$338.4K
Cap Rate 9%
$263,200
$263.2K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.0K $30.00/SF
− Vacancy
−$2.2K −$1.80/SF
EGI
$33.8K $28.20/SF
− OpEx
−$10.2K −$8.46/SF
NOI
$23.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$473,760
Cap Rate 7%
$338,400
Cap Rate 9%
$263,200
Alternative Uses
Best Use
Retail
$338.4K
$296.1K – $394.8K
NOI $23,688 @ 7.0% cap · market cap 7.29%
Second Best
Industrial
$104.2K
$91.2K – $121.6K
NOI $7,295 @ 7.0% cap · market cap 2.24%
Theoretical Best
Specialty Retail
$410.4K
$359.1K – $478.8K
NOI $28,728 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 44%
Family Dollar
Shops & Services
7,237 visits/mo
0.4 miles
Dollar General
Shops & Services
7,161 visits/mo
0.3 miles
SONIC Drive In
Dining
5,960 visits/mo
0.2 miles
KFC
Dining
5,535 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in Oklahoma City, OK
Questions? Ask Rey
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Similar Off Market Nearby
- Big Al's Equipment Rental — 700 SE 59th St, Oklahoma City, OK 73129
- Propane Refill at U-Haul — 6027 S High Ave, Oklahoma City, OK 73149
- U-Haul Moving & Storage of Crossroads — 6027 S High Ave, Oklahoma City, OK 73149
- U-Box at U-Haul — 6027 S High Ave, Oklahoma City, OK 73149
- U-Haul Neighborhood Dealer — 6600 S Shields Blvd, Oklahoma City, OK 73149
Frequently Asked Questions
What type of property is this?
Automotive property - 2011-built commercial property with a compact footprint for automotive-related operations.
Where is this automotive property located?
The property is located at 5912 S Shields Boulevard Oklahoma City, OK.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,200‑square‑foot commercial building; 0.3214‑acre parcel; Built in 2011
