Auto Shop with Heated
For Sale
$650,000
901 S Pennsylvania Avenue, Oklahoma City, OK 73108
Commercial Sale, Oklahoma City, OK
Property Size2,975 SF
Lot Size0.48 Acres
Price / SF$218.49
Days on Market142
Property Features for 901 S Pennsylvania Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Industrial
Directions
S Penn and 9th street
Standard status
Active
APN
901SPennsylvania73108
Size
2,975 SF
Lot size
0.48 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
iron fencing
security cameras
heated garage
air conditioned offices
Building Details
Year built
1940
Floors in Building
1
Building materials
Frame, Metal Siding, Brick Veneer
Listing Agency:
RE/MAX at Home · RE/MAX International
(405) 708-6691
Listed By:
Cynthia Hutcherson · License #68756
(405) 820-8888
Added: May 19
Changed: Sep 6
Last Checked: Oct 7 at 5:06PM
MLS# 1229976
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 2,975-square-foot automotive property was built in 1940 and is currently configured as a trailer repair shop. The building includes a heated garage, two office spaces, one half bath, and one full bath with a shower. Window-unit cooling serves the offices, while frame construction, metal siding, and brick veneer comprise the exterior. Two car lifts, iron fencing, and security cameras remain with the property.
The 0.482-acre site is located at 901 S Pennsylvania Avenue in Oklahoma City. Public water and public sewer serve the property, and the parcel carries Industrial zoning. Its existing layout and equipment support continued automotive service use, subject to applicable approvals.
The 0.482-acre site is located at 901 S Pennsylvania Avenue in Oklahoma City. Public water and public sewer serve the property, and the parcel carries Industrial zoning. Its existing layout and equipment support continued automotive service use, subject to applicable approvals.
Key Highlights
- 2,975‑square‑foot automotive property on 0.482 acres
- Industrial zoning at 901 S Pennsylvania Avenue, Oklahoma City
- Heated garage with 2 car lifts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,726
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,174,520
$1.2M
Cap Rate 7%
$838,943
$838.9K
Cap Rate 9%
$652,511
$652.5K
Market Conditions
NOI Build-Up for 2,975 SF
Gross rent
$89.3K $30.00/SF
− Vacancy
−$5.4K −$1.80/SF
EGI
$83.9K $28.20/SF
− OpEx
−$25.2K −$8.46/SF
NOI
$58.7K $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 Rate 5%
$1,174,520
Cap Rate 7%
$838,943
Cap Rate 9%
$652,511
Alternative Uses
Best Use
Retail
$838.9K
$734.1K – $978.8K
NOI $58,726 @ 7.0% cap · market cap 9.03%
Second Best
Industrial
$258.4K
$226.1K – $301.5K
NOI $18,087 @ 7.0% cap · market cap 2.78%
Theoretical Best
Specialty Retail
$1.02M
$890.3K – $1.19M
NOI $71,222 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
42k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 91%
Shops & Services 9%
Cattlemens
Dining
38,533 visits/mo
0.4 miles
Family Dollar
Shops & Services
3,941 visits/mo
0.3 miles
Demographics for 73108, OK
14,451
Population
6,221
Households
2.3
Avg Household Size
30
Median Age
4%
College-Educated
56%
High-School Grad
7.6 sq mi
ZIP Area
1,901
Density / Sq Mi
$35,278
Median Household Income
$31,017
Median Earnings
$799
Median Rent
$75,000
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
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bostic's Truck Tires — 2020 S Agnew Ave, Oklahoma City, OK 73108
- A&F auto repair — 2209 SW 19th St, Oklahoma City, OK 73108
- Mangueras — 2640 SW 15th St, Oklahoma City, OK 73108
- Sooner truck repair — 2400 SW 15th St, Oklahoma City, OK 73108
- TNR Automotive. — 1617 S Agnew Ave, Oklahoma City, OK 73108
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial-zoned automotive property with office space, service equipment, and security features in Oklahoma City.
Where is this auto shop located?
The property is located at 901 S Pennsylvania Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,975‑square‑foot automotive property on 0.482 acres; Industrial zoning at 901 S Pennsylvania Avenue, Oklahoma City; Heated garage with 2 car lifts
