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    5817 Western Ave Oklahoma City, OK 73109

    For Lease
    $96 SF/Yr

    8,275 SF Auto Shop - Lease Available

    Lot size:
    8,275 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional single-tenant retail property, located at 5817 S Western Ave in Oklahoma City, OK 73109, presents a unique investment opportunity. The building, constructed in 1964, offers a substantial 8,275 square feet of space, ideal for an auto repair business or similar operation. The property features a single-story building with no elevators. The lease is a NNN (Net, Net, Net) type, meaning the tenant is responsible for property taxes, insurance, and maintenance. This is a prime location in Oklahoma City, offering excellent visibility and accessibility. The property is currently configured as an auto repair facility, and includes an alignment machine which will be sold separately. The asking lease rate is $8 per square foot. The property's single-tenant occupancy provides stability and ease of management. This is a rare opportunity to acquire a well-established auto repair facility in a thriving Oklahoma City location. The property's size and location make it an attractive option for a variety of automotive-related businesses. Serious inquiries are encouraged to explore this promising investment. The property is ready for immediate occupancy.

    Property Features for 5817 Western Ave

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,275 SF
    Total Rate
    66200

    Building Details

    Year Built
    1964
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,275 SF
    Rate per SF
    $96

    HighLights

    • 8,275 SF single‑tenant retail building at 5817 S Western Ave, Oklahoma City, OK 73109.
    • Built in 1964, single‑story building, ideal for auto repair.
    • NNN lease at $8/SF.
    • Excellent visibility and accessibility in a prime Oklahoma City location.
    • Currently configured as an auto repair facility (alignment machine sold separately).
    • Ready for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Goodyear--AR Tire & Auto Tire Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.530627800055
    Latitude
    35.407637573125

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    FAQs

    What type of property is this?
    Automotive property - 8,275 SF Auto Shop - Lease Available
    Where is this automotive property located?
    The property is located at 5817 Western Ave Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $96 SF/Yr.
    What are key features of this property?
    This property features: 8,275 SF single-tenant retail building at 5817 S Western Ave, Oklahoma City, OK 73109.; Built in 1964, single-story building, ideal for auto repair.; NNN lease at $8/SF.
    Request Owner's contact information
    5817 Western Ave Oklahoma City, OK 73109
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    Oklahoma City, OK 73109
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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
    5817 Western Ave Oklahoma City, OK 73109
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