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    628 4Th St Oklahoma City, OK 73104

    Sponsored
    For Sale
    $395,000

    1,878 SF Vacant Retail Space, $395,000

    Property size:
    1,878 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,878-square-foot vacant commercial property, located at 628 NE 4th St in Oklahoma City, OK 73104, presents a compelling redevelopment opportunity. Priced at $395,000 ($210.33/sq ft), this single-tenancy building offers significant potential for investors and developers. Built in 1956, the property sits on a 5,750-square-foot lot and is zoned C-4 (PUD 1700), allowing for a variety of uses including mixed-use, commercial, or potentially residential development. The property is currently vacant, providing a blank canvas for your vision. Its prime location offers excellent highway accessibility and a downtown feel, benefiting from its proximity to the Foster Center Project and the upcoming Lincoln Square Revitalization. This revitalization presents a unique chance to capitalize on the area's upward trajectory. The property's flexible zoning and strategic location make it an ideal investment for those seeking a high-return opportunity in a rapidly developing area of Oklahoma City. The lease type is modified.

    Property Features for 628 4Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,878 SF

    Building Details

    Year Built
    1956

    HighLights

    • Upscale neighborhood undergoing revitalization.
    • Located directly adjacent to the Foster Center development.
    • Prime downtown location.
    • Convenient highway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Michelle Bell Marriage Or Relationship Counselor Danielle Fields Mental Health Clinic Julia Rhodes Counselor Karen Cheney Counselor Tina Bruner Counselor

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Nail Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5006351
    Latitude
    35.4712605

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    FAQs

    What type of property is this?
    Mixed-use property - 1,878 SF Vacant Retail Space, $395,000
    Where is this mixed-use property located?
    The property is located at 628 4Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Upscale neighborhood undergoing revitalization.; Located directly adjacent to the Foster Center development.; Prime downtown location.
    Request Owner's contact information
    628 4Th St Oklahoma City, OK 73104
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    Oklahoma City, OK 73104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    628 4Th St Oklahoma City, OK 73104
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