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    2212 23Rd St Oklahoma City, OK 73107

    For Lease
    $192 SF/Yr

    Oklahoma City retail space, high visibility.

    Lot size:
    16,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 16,775 square foot retail center, located at 2210-2224 NW 23rd Street in Oklahoma City, presents a compelling investment opportunity. Built in 1955 and extensively renovated in 2024, the single-story building comprises eight suites across a 44,687 square foot lot. Currently, 4,300 square feet of space is available for lease, with individual suites ranging from 1,500 to 2,400 square feet. The property benefits from a prime location on NW 23rd Street, offering high visibility and convenient access to major highways, maximizing exposure to significant traffic counts. Existing tenants include established businesses such as 23rd Liquor and Wing Stop, providing a stable income stream and a diverse tenant mix. This property offers a unique chance to capitalize on the vibrant and rapidly growing Oklahoma City market. The property features no elevators. Annual property taxes are $14,674 per square foot. The cross street is Flynn. This is an excellent opportunity for expansion or new business establishment in a thriving commercial area.

    Property Features for 2212 23Rd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,775 SF
    Total Rate
    268400

    Building Details

    Year Built/Renovated
    1955/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 2224
    Size
    2,400 SF
    Rate per SF
    $192
    Space
    Unit 2212
    Size
    1,500 SF
    Rate per SF
    $192

    HighLights

    • 16,775 SF retail center on a 44,687 SF lot.
    • 8 suites total, with 4,300 SF currently vacant.
    • Two spaces available, ranging from 1,500 to 2,400 SF.
    • High‑visibility location on NW 23rd St, near major highways.
    • Strong existing tenancy including 23rd Liquor and Wing Stop.
    • Recently renovated in 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cricket Wireless Authorized ... Cell Phone Store Yourtel America Cell Phone Store

    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
    -97.550517121721
    Latitude
    35.493167566601

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    FAQs

    What type of property is this?
    Retail property - Oklahoma City retail space, high visibility.
    Where is this retail property located?
    The property is located at 2212 23Rd St Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $192 SF/Yr.
    What are key features of this property?
    This property features: 16,775 SF retail center on a 44,687 SF lot.; 8 suites total, with 4,300 SF currently vacant.; Two spaces available, ranging from 1,500 to 2,400 SF.
    Request Owner's contact information
    2212 23Rd St Oklahoma City, OK 73107
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    Oklahoma City, OK 73107
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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
    2212 23Rd St Oklahoma City, OK 73107
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