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    5615 Western Ave Oklahoma City, OK 73109

    Sponsored
    For Sale
    $499,000

    High-Visibility Retail & Warehouse

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Oklahoma City commercial property, located at 5615 S Western Avenue, presents a unique investment opportunity. Priced at $499,000, this freestanding retail building boasts high visibility and significant traffic counts due to its prime Western Avenue location. The property encompasses a substantial 10,498 square foot lot and includes a 2400 square foot retail space, complemented by a 40x45 foot warehouse featuring an overhead door, ideal for storage or additional business operations. Ample parking is provided with approximately 12 spaces. The building's interior offers a versatile layout, including an office room and two bathrooms. All existing shelving and televisions will remain with the property, adding immediate value. The roof was recently resealed in 2024, ensuring long-term maintenance cost savings. Importantly, the C3 zoning allows for a wide range of potential uses, maximizing the property's flexibility and future development potential. This property is situated in Oklahoma City, Oklahoma County, OK 73109. This combination of prime location, versatile space, and recent upgrades makes this an attractive investment opportunity for discerning buyers.

    Property Features for 5615 Western Ave

    General Information

    Property type
    Land

    HighLights

    • $499,000 freestanding retail building in Oklahoma City, OK.
    • High‑visibility location on Western Avenue with significant traffic counts.
    • 10,498 SF lot with 2,400 SF retail space and a 40x45 ft warehouse featuring an overhead door.
    • Approximately 12 parking spaces.
    • Versatile interior layout including office and two bathrooms; shelving and TVs included.
    • Recently resealed roof (2024).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.5305927
    Latitude
    35.4095574

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    FAQs

    What type of property is this?
    Land - High-Visibility Retail & Warehouse
    Where is this land located?
    The property is located at 5615 Western Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 freestanding retail building in Oklahoma City, OK.; High-visibility location on Western Avenue with significant traffic counts.; 10,498 SF lot with 2,400 SF retail space and a 40x45 ft warehouse featuring an overhead door.
    Request Owner's contact information
    5615 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
    5615 Western Ave Oklahoma City, OK 73109
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