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Auto Repair and Diagnostic Shop
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719 SE 29TH ST, Oklahoma City, OK 73129

Auto repair and diagnostic shop zoned I-2, with an additional R-2 lot along SE 28th St.

Property Size3,890 SF
Price / SF$154.24
Days on Market62

Property Features for 719 SE 29TH ST

General Information

Standard status Active
Size 3,890 SF
Property subtype INDUSTRIAL

Additional Details

Road Access Yes
Listing Agency: Equity Commercial Realty Advisors - OKC
Listed By: Gayla Artman
Source: Moodyscre
Added: Jun 1 Changed: Jul 30 Last Checked: Jul 31 at 12:11PM

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 Equity Commercial Realty Advisors - OKC

Investment Insights

Based on property information with market context.

Auto repair and diagnostic shop at 719 SE 29th St. The property is 3,890 SF and includes site areas zoned for different uses.

One portion is zoned I-2 and has frontage on SE 29th St with dimensions of 150.00 by 150.00. A separate portion is zoned R-2 and is one lot along SE 28th St with dimensions of 50.00 by 150.00.

This configuration supports an on-site auto service use on the I-2 portion while also providing an additional R-2 lot along SE 28th St, creating flexibility in how the property can be laid out for operations that align with zoning requirements.

Key Highlights

  • 3,890 SF auto repair and diagnostic shop at 719 SE 29th St
  • Zoned I‑2 with frontage on SE 29th St (150.00 by 150.00)
  • Zoned R‑2 with one lot along SE 28th St (50.00 by 150.00)

Financial Insights For Industrial

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 $35.0k $9.00
− Vacancy −$1.2k −$0.32
EGI $33.8k $8.69
− OpEx −$10.1k −$2.61
NOI $23.6k $6.08
3,890 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.10M
$959.9K – $1.28M (±1% cap)
NOI $76,789 @ 7.0% cap · market cap 12.80%
Second Best
Industrial
$337.8K
$295.6K – $394.2K (±1% cap)
NOI $23,649 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $93,127 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ram motors Car Dealership Estética Familiar Alejandra Hair Salon Affordable Body Shop ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Law Firm Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
9,126 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

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • AM PM Diesel Services, Inc — 1610 SE 37th St, Oklahoma City, OK 73129
  • Dent Busters — 632 SE 35th St, Oklahoma City, OK 73129
  • William's Engine & Equipment — 1308 SE Grand Blvd, Oklahoma City, OK 73129
  • High Ave Auto Repair — 3730 S High Ave, Oklahoma City, OK 73129
  • Towing Service OKC — 1020 SE 42nd St, Oklahoma City, OK 73129, United States

Frequently Asked Questions

What type of property is this?
Auto shop - Auto repair and diagnostic shop zoned I-2, with an additional R-2 lot along SE 28th St.
Where is this auto shop located?
The property is located at 719 SE 29TH ST Oklahoma City, OK.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 3,890 SF auto repair and diagnostic shop at 719 SE 29th St; Zoned I‑2 with frontage on SE 29th St (150.00 by 150.00); Zoned R‑2 with one lot along SE 28th St (50.00 by 150.00)
(405) 826-7975 Call to check price and availability
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