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    4608 Western Ave Oklahoma City, OK 73118

    For Lease
    $252 SF/Yr

    4,800 SF Retail Space, High Visibility

    Lot size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4,800-square-foot retail property, located at 4608 N Western Ave in Oklahoma City, OK 73118, presents a unique investment opportunity. Currently vacant, this single-tenant building offers significant potential for a variety of uses, particularly those in the auto repair sector given its existing configuration. The property boasts a prime location on Western Avenue, just north of the Will Rogers Theatre, ensuring high visibility and substantial foot traffic. Built in 1972, the two-story Class C building sits on a 0.32-acre lot (13,939 square feet) and features ample surface parking with 12 spaces. The building's floor area ratio (FAR) is 0.48. The property is situated in Oklahoma County and offers excellent accessibility for customers and employees. The absence of elevators is noted. This property is ideal for an entrepreneur seeking a well-located, established space to launch or expand their business. The substantial square footage and prominent location provide a strong foundation for success. The property's existing infrastructure and ample parking make it a highly attractive option for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities of this versatile and strategically positioned property.

    Property Features for 4608 Western Ave

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,800 SF
    Class
    C

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    4,800 SF
    Rate per SF
    $252

    HighLights

    • 4,800 SF retail building on 0.32‑acre lot in Oklahoma City, OK.
    • Recently replaced roof, HVAC, and insulation.
    • Two first‑floor restrooms and one loft restroom; twelve surface parking spaces with easy access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alotta Action Advertising, ... Advertising Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5295795
    Latitude
    35.5178176

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    FAQs

    What type of property is this?
    Automotive property - 4,800 SF Retail Space, High Visibility
    Where is this automotive property located?
    The property is located at 4608 Western Ave Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $252 SF/Yr.
    What are key features of this property?
    This property features: 4,800 SF retail building on 0.32-acre lot in Oklahoma City, OK.; Recently replaced roof, HVAC, and insulation.; Two first-floor restrooms and one loft restroom; twelve surface parking spaces with easy access.
    Request Owner's contact information
    4608 Western Ave Oklahoma City, OK 73118
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    Oklahoma City, OK 73118
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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
    4608 Western Ave Oklahoma City, OK 73118
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