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    7117 Reno Ave Midwest City, OK 73110

    For Lease
    $10 SF/Yr ($1,233 /Mo)

    Freestanding Office, High Visibility, 1,377 SF

    Lot size:
    1,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,377-square-foot freestanding building in Midwest City, Oklahoma, presents a fantastic opportunity for a single-tenant user. Located at 7117 E Reno Ave, near Air Depot, this Class C property boasts high visibility with approximately 23,000 vehicles passing daily, ensuring significant exposure for your business. The 1.01-acre lot provides ample space, including 10 dedicated parking spots. The building's interior features a versatile layout including three private offices, a welcoming waiting area, an open concept workspace, three storage rooms, two bathrooms, and a convenient breakroom. The zoning is C-3, allowing for a variety of retail or office uses. The building is currently vacant, offering immediate occupancy. This single-tenant property is situated in the East Oklahoma County submarket, within the Oklahoma City cluster. The building's floor area ratio (FAR) is 0.03. No elevators are present. This property is ideal for businesses seeking a prominent location with convenient parking and a functional interior layout. The property offers a unique blend of visibility and practicality, making it an attractive investment for the right tenant.

    Property Features for 7117 Reno Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,377 SF
    Class
    C
    Total Rate
    1233.56

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,377 SF
    Rate per SF
    $10

    HighLights

    • Free‑standing building.
    • High traffic count: 23,000 vehicles per day (VPD).
    • Suitable for office or retail use.
    • Ample private parking available.
    • Excellent signage opportunity on Reno.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    -97.403729
    Latitude
    35.4643124

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding Office, High Visibility, 1,377 SF
    Where is this individual retail property located?
    The property is located at 7117 Reno Ave Midwest City, OK.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Free-standing building.; High traffic count: 23,000 vehicles per day (VPD).; Suitable for office or retail use.
    Request Owner's contact information
    7117 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
    7117 Reno Ave Midwest City, OK 73110
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