Auto Repair and Diagnostic
For Sale
Contact for pricing
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
(405) 826-7975
Listed By:
Gayla Artman
(405) 826-7975
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.
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
NOI $76,789 @ 7.0% cap · market cap 12.80%
Second Best
Industrial
$337.8K
$295.6K – $394.2K
NOI $23,649 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,127 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Explore this area
Business Placement
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
Questions? Ask Rey
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- 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)