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    4433 23Rd St Oklahoma City, OK 73107

    Sponsored
    For Lease
    $1.55 SF/Yr

    Oklahoma City commercial land, high traffic.

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.04-acre commercial pad site, located at 4433 NW 23rd St, Oklahoma City, OK 73107, presents a prime ground lease opportunity. Boasting 45,000 square feet and 150 feet of frontage on NW 23rd Street, with cross access via N Meridian Ave, this property enjoys exceptional visibility and accessibility. Previously occupied by a national franchise for three decades, the site is now cleared and ready for immediate development. The location within Oklahoma City's Northwest submarket, specifically in Oklahoma County, benefits from a high volume of traffic, averaging 23,080 vehicles daily, translating to over 8 million vehicles annually. The property is zoned commercial and has an APN of 145701015. Annual property taxes are $0.07 per square foot. The site is ideally suited for a variety of uses, including quick-service restaurants or medical clinics. A build-to-suit option is negotiable. The monthly lease rate is $5,800. This is a rare opportunity to establish a business in a high-traffic, high-visibility location with significant long-term potential.

    Property Features for 4433 23Rd St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF

    Unit(s) available at that property

    Space
    Size
    45,000 SF
    Rate per SF
    $1.55

    HighLights

    • Ideal for fast food, retail, medical, office, or drive‑thru uses; adaptable to tenant build‑out.
    • High visibility on busy NW 23rd Street.
    • Convenient location near shopping, major roads, and residential neighborhoods.
    • Utilities readily available.
    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
    Cleveland
    State
    Oklahoma
    Longitude
    -97.600389891565
    Latitude
    35.493270438005

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    FAQs

    What type of property is this?
    Land - Oklahoma City commercial land, high traffic.
    Where is this land located?
    The property is located at 4433 23Rd St Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $1.55 SF/Yr.
    What are key features of this property?
    This property features: Ideal for fast food, retail, medical, office, or drive-thru uses; adaptable to tenant build-out.; High visibility on busy NW 23rd Street.; Convenient location near shopping, major roads, and residential neighborhoods.
    Request Owner's contact information
    4433 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
    4433 23Rd St Oklahoma City, OK 73107
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