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    7809 May Ave Oklahoma City, OK 73116

    For Sale
    Contact for pricing

    Oklahoma City land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 25,200 square foot land parcel, located at 7809 N. May Ave in Oklahoma City, Oklahoma, presents a unique investment opportunity. Zoned for garage/parking, this property boasts a significant 180-foot frontage, offering excellent visibility and accessibility. Situated in a thriving commercial area of North Oklahoma City and Nichols Hills, the location benefits from high traffic volume and proximity to established businesses. Nearby retailers include recognizable names such as Firestone, Pizza Hut, Pizza Inn, Sonic, NBC Bank, and Starbucks, ensuring consistent foot traffic and potential for strong returns. The property is currently available for lease at $5,500.00 per month, on a Net, Net, Net (NNN) basis. This means the tenant is responsible for property taxes, insurance, and maintenance, minimizing the owner's operational expenses. Further enhancing its appeal, additional land is available for purchase, providing potential for expansion or future development. This is an ideal investment for those seeking a stable income stream in a high-demand area with significant upside potential. The property is located in Oklahoma County, Oklahoma, with a zip code of 73116. The coordinates are 35.550537 latitude and -97.56603 longitude.

    Property Features for 7809 May Ave

    General Information

    Property type
    Automotive properties

    HighLights

    • 25,200 square feet of building space.
    • 180‑foot frontage.
    • Additional land parcels available.
    • Located in the North Oklahoma City and Nichols Hills market.
    • Strong tenant mix including national brands like Firestone, Pizza Hut, Pizza Inn, Sonic, NBC Bank, and Starbucks.
    • NNN lease rate: $5,500 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    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
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.56603
    Latitude
    35.550537

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    FAQs

    What type of property is this?
    Automotive property - Oklahoma City land, prime location.
    Where is this automotive property located?
    The property is located at 7809 May Ave Oklahoma City, OK.
    What are key features of this property?
    This property features: 25,200 square feet of building space.; 180-foot frontage.; Additional land parcels available.
    Request Owner's contact information
    7809 May Ave Oklahoma City, OK 73116
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    Oklahoma City, OK 73116
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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
    7809 May Ave Oklahoma City, OK 73116
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