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Property profile & analytics
OFF-MARKET Estimated value $11,420,000
Commercial real estate

909 Meridian Ave Oklahoma City, OK 73108-1605

65,520 SF 2.4 ac lot Built 1975
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0570218
Property summary
AI-generated overview

Meridian Tower, located at 909 S Meridian Ave, Oklahoma City, OK 73108, presents a unique investment opportunity. This seven-story, Class B office building, totaling 93,889 square feet, offers stunning skyline views of downtown Oklahoma City and excellent visibility from I-40. Built in 1975, the building sits on a 2.4-acre lot and features 20 suites, with a minimum divisible space of 809 square feet and a maximum contiguous space of 9,035 square feet. Currently, the entire 93,889 square feet is vacant, presenting a blank canvas for a single large tenant or multiple smaller tenants. The building boasts attractive features including 24-hour electronic access, full-service lease options, floor-to-ceiling windows, and high-quality finishes. The impressive bank lobby entrance adds to the building's professional appeal. An owner-user could potentially occupy the available space on floors 1 & 2 or floors 6 & 7, while leasing out the remaining space to generate rental income. The opportunity for naming rights further enhances the investment potential. This property is situated in Oklahoma County and offers a compelling combination of size, location, and amenities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Construction TILT-UP CONCRETE
Total area 65,520 SF
Lot 2.4 ac (104,675 SF)
APN 14-183-1510
UPID US69-0570218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bank2 Bank Loan Service
  • Aero-Tech Services Association Inc Association / Organization
  • Adult & Teen Challenge of Oklahoma Medical Clinic
  • Apartment Finder Real Estate Agency
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$13.91M
Comparable Approach Comparable
$11.72M
Blend (final) Blend
$11.42M
Owner & transaction history
Gabriel L Hayes · 4 yrs held
Gabriel L Hayes
since 2021
7 recorded transactions
2021
$78,500
2007
$800,000
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $18.7M +59.7%
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