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    8811 Reno Ave Midwest City, OK 73110

    For Sale
    $325,000

    2,456 SF Medical Office - $325K

    Property size:
    2,456 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 2,456-square-foot Class B medical office building, built in 1986, is situated on a 1.21-acre lot in Midwest City, Oklahoma (APN: 266000000000100200). The single-story building is zoned C-3 and offers a prime location within a well-maintained medical park featuring ample parking and manicured landscaping. The property boasts strong medical co-tenancy with established practices, providing an ideal setting for expanding or relocating medical or dental practices. Its convenient location near major thoroughfares like I-40 and I-35, Tinker Air Force Base, and Will Rogers Airport (17 miles away), along with proximity to schools and the John Conrad Golf Course, ensures high visibility and accessibility. The asking price is $325,000, translating to $132.33 per square foot. High-visibility frontage signage is available. The property's former use as a dental office presents a turnkey opportunity for similar businesses. The thriving community of Midwest City benefits from robust base employment, offering a stable and growing market for medical services. This property represents a compelling investment opportunity in a desirable location. Lease options are also available at $14 per square foot per year on a modified gross basis.

    Property Features for 8811 Reno Ave

    General Information

    Property type
    Medical offices
    Square Feet
    2,456 SF
    Class
    B
    Lot Size
    52,708 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    HighLights

    • $325,000 asking price for a 2,456 SF medical office building.
    • Excellent location near major roadways, schools, Tinker AFB, and Will Rogers Airport.
    • Strong community with robust base employment.
    • High‑visibility signage opportunity.
    • Well‑maintained medical park with ample parking and landscaping.
    • Strong medical co‑tenancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -97.3728866
    Latitude
    35.4644554

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    FAQs

    What type of property is this?
    Medical office - 2,456 SF Medical Office - $325K
    Where is this medical office located?
    The property is located at 8811 Reno Ave Midwest City, OK.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price for a 2,456 SF medical office building.; Excellent location near major roadways, schools, Tinker AFB, and Will Rogers Airport.; Strong community with robust base employment.
    Request Owner's contact information
    8811 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
    8811 Reno Ave Midwest City, OK 73110
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