1011-1045 Meridian Ave Oklahoma City, OK 73108
South Meridian Plaza, located at 1011-1045 S Meridian Ave, Oklahoma City, OK 73108, presents a prime retail investment opportunity. This 36,100 square foot strip center, built in 1985, sits on a 2.92-acre lot and offers ample parking. Currently, there are three available spaces totaling 6,000 square feet, ideal for restaurants or other retail businesses. The property is zoned commercial and located in Oklahoma County. Its strategic location just off I-40 on Meridian Avenue ensures high visibility and easy accessibility for customers throughout Oklahoma City. The proximity to the airport contributes to significant traffic flow in the area. South Meridian Plaza benefits from a strong tenant mix, including established hotels, restaurants, and national credit retailers, creating a vibrant and thriving commercial environment. This well-established center provides an excellent opportunity for businesses seeking high-traffic exposure and a convenient location within a successful commercial district. The property's size and ample parking cater to a wide range of retail needs. This is a rare opportunity to secure space in a highly desirable Oklahoma City location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.