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    7121 Reno Ave Midwest City, OK 73110

    Sponsored
    For Sale
    $900,000

    Prime 1.33-acre C-3 zoned lot. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.33-acre commercial land parcel, located at 7121 E. Reno Avenue in Midwest City, Oklahoma, presents a compelling development opportunity. Situated in Oklahoma County, zip code 73110, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide range of commercial ventures. The lot's strategic position at the hard corner of a well-lit intersection, directly adjacent to the intersection of Reno and Air Depot, ensures exceptional visibility and accessibility. This high-traffic area guarantees significant exposure for any business. Adding to its appeal, the property is directly across the street from a Crest Grocery Store, providing immediate proximity to a substantial customer base. The asking price for this prime commercial land is $900,000. Its ideal location and zoning make it particularly well-suited for restaurant development, though other commercial uses are also permissible under the C-3 zoning. Don't miss this chance to acquire a highly visible and strategically located commercial property in a thriving Midwest City area. The coordinates are 35.4643609 latitude and -97.4032855 longitude.

    Property Features for 7121 Reno Ave

    General Information

    Property type
    Land
    Lot Size
    57,935 SF

    HighLights

    • 1.33‑acre commercial land parcel in Midwest City, OK.
    • Located at 7121 E. Reno Avenue, in Oklahoma County, zip code 73110.
    • C‑3 zoning allows for diverse commercial uses.
    • High‑visibility corner lot at a well‑lit intersection of Reno and Air Depot, offering high traffic exposure.
    • Across the street from a Crest Grocery Store.
    • $900,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4032855
    Latitude
    35.4643609

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    FAQs

    What type of property is this?
    Land - Prime 1.33-acre C-3 zoned lot. High-traffic location.
    Where is this land located?
    The property is located at 7121 Reno Ave Midwest City, OK.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 1.33-acre commercial land parcel in Midwest City, OK.; Located at 7121 E. Reno Avenue, in Oklahoma County, zip code 73110.; C-3 zoning allows for diverse commercial uses.
    (405) 840-0600
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    7121 Reno Ave Midwest City, OK 73110
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    Midwest City, OK 73110
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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
    7121 Reno Ave Midwest City, OK 73110
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