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I-240 Frontage Car Dealership

613 West Interstate 240 Service Road Oklahoma City, OK 73139

613 West Interstate 240 Service Road, Oklahoma City, OK, 73139
$3,950,000
For Sale
Claim this Listing
$3,950,000

Car dealership with showroom and maintenance shop on 4.95 acres.

Property Size17,900 SF
Lot Size4.95 Acres
Price / SF$220.67
AddedMar 6
Days on Market131
Last RefreshApr 6 at 12:58 am

Property Features for 613 West Interstate 240 Service Road

General Information

Standard status
Active
Size
17,900 SF
Lot size
4.95 Acres
Property subtype
Special Purpose

Building Details

Year Built
1999

Listing office Price Edwards and Company - Oklahoma City

Listing date Mar 6, 2026

Source Tcnworldwide

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 Price Edwards and Company - Oklahoma City


Investment Insights

Based on property information with market context.

This property, formerly a car dealership, presents a business opportunity with high visibility along the I-240 corridor in Oklahoma City. It features a 6,000 square foot office showroom and an 11,900 square foot maintenance shop, situated on a 4.95-acre lot. The location benefits from its position in a high-traffic area. The site offers potential for redevelopment with ample space for expansion. The property is zoned C-3 and has frontage on I-240.

Key Highlights

  • High visibility location with I‑240 frontage in a high‑traffic area.
  • Large 4.95‑acre lot offering ample space for redevelopment and expansion.
  • Includes a 6,000 sf office/showroom and an 11,900 sf maintenance shop.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $537.0k $30.00
− Vacancy −$32.2k −$1.80
EGI $504.8k $28.20
− OpEx −$151.4k −$8.46
NOI $353.3k $19.74
17,900 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$5.05M
$4.42M – $5.89M (±1% cap)
NOI $353,346 @ 7.0% cap · market cap 8.95%
Second Best
Industrial
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,823 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$6.12M
$5.36M – $7.14M (±1% cap)
NOI $428,526 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage HVAC Service Garden Center Grocery & Convenience Store Kitchen & Bath Showroom Electrical Service Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • ESTRADAS TIRE REPAIR semi truck tire mobile service — S May Ave, Oklahoma City, OK 73159
  • riteON Car Polish — 8209 S Pennsylvania Ave, Oklahoma City, OK 73159
  • Automotive Center — Automotive Center, 7777 S May Ave, Oklahoma City, OK 73159
  • MAG Transmission — 3009 SW 82nd St, Oklahoma City, OK 73159
  • ESTRADAS TIRE REPAIR — s may ave, oklahoma city, ok 73159

FAQs

What type of property is this?
Auto shop - Car dealership with showroom and maintenance shop on 4.95 acres.
Where is this auto shop located?
The property is located at 613 West Interstate 240 Service Road Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: High visibility location with I‑240 frontage in a high‑traffic area.; Large 4.95‑acre lot offering ample space for redevelopment and expansion.; Includes a 6,000 sf office/showroom and an 11,900 sf maintenance shop.
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