0 May Ave Oklahoma City, OK 73112
This exceptional 1.69-acre pad site presents a remarkable ground lease opportunity at the Northwest corner of NW 50th Street and N May Avenue in Oklahoma City, Oklahoma. Located in Oklahoma County, zip code 73112, this retail property boasts a total of 78,143 square feet, with 73,843 square feet currently vacant, offering significant development potential. The site features ample parking with 120 spaces to accommodate customers and employees. The property's strategic location along N May Avenue, a high-traffic thoroughfare with over 20,000 vehicles passing daily, ensures exceptional visibility and accessibility. The area's strong demographics further enhance the site's appeal, with a daytime population exceeding 350,000 within a five-mile radius. The presence of a Target store directly across N May Avenue, attracting 1.6 million visitors annually, provides a significant draw for potential customers. This property is classified as Retail, Land and is suitable for a variety of commercial uses. The site is categorized as a retail strip center with multiple tenancy options. This is a unique opportunity to establish a thriving business in a high-demand area of Oklahoma City.
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
Similar Nearby for Sale
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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.