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    1324 89Th St Oklahoma City, OK 73159

    • Retail space
    • 4,403 SF
    • 0.30 lot acres
    For Sale
    View listing
    $475,000
    Value Estimation
    Last Sale
    Sep 30, 2020
    $172,500
    Location Intelligence
    Property ID
    US69-2240538
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • iZen Rx / Herbal Medicine Store

    Property Details for 1324 89Th St

    Year built
    1950
    Construction
    WOOD FRAME
    Lot size
    0.30 lot acres
    Property size
    4,403 SF
    Property type
    Retail space
    APN
    OCC2VICLN 1 2001
    APU
    OCC2VICLN12001

    Description

    This exceptional 4,747 square foot creative office building, located at 1324 SW 89th Street in Oklahoma City, Oklahoma, presents a unique owner-user or investment opportunity. Situated on a 16,229 square foot lot, this single-story, Class B building boasts a prime location with high visibility, experiencing over 17,000 vehicles passing daily. Completely renovated in 2022, the property offers multiple suites suitable for a variety of uses, including office and retail spaces. The asking price is $475,000, translating to $100.06 per square foot. Built in 1950, this mixed-use property is currently vacant and zoned SPUD-1267, providing flexibility for diverse business ventures. Its strategic location in Cleveland County, zip code 73159, offers easy access to major transportation routes and a thriving local market. This is an excellent chance to acquire a well-maintained, high-traffic property with significant potential for immediate occupancy or lucrative investment returns.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $265,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $200,000
      Mixed-Use
      $255,000
      Hospitality
      $265,000
      Educational
      $260,000
      Residential Income
      $200,000
      Energy
      $230,000
      Income-Based Land
      $215,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5403
    Latitude
    35.3769
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,521
    $6,429
    $22,371
    $28,800
    -
    $53,578
    $186,422
    $240,000

    Comparable in this City

    • Value Estimation by Request
      13,944 SF

      6000 Pennsylvania Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,944 SF
      6000 Pennsylvania Ave, Oklahoma City, OK 73159-3302
      View Details
    • Value Estimation by Request
      1,555 SF

      3232 89th St

      RETAIL STORES (PERSONAL SERVICES) • 1,555 SF
      3232 89th St, Oklahoma City, OK 73159-7902
      View Details
    • Value Estimation
      $205,000
      1,767 SF

      1300 89th St

      RETAIL STORES (PERSONAL SERVICES) • 1,767 SF
      1300 89th St, Oklahoma City, OK 73159-6303
      View Details
    • Value Estimation
      $630,000
      13,386 SF

      9011 Pennsylvania Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,386 SF
      9011 Pennsylvania Ave, Oklahoma City, OK 73159-6932
      View Details
    • Value Estimation
      $345,000
      5,440 SF

      9001 May Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,440 SF
      9001 May Ave, Oklahoma City, OK 73159-6601
      View Details
    • Value Estimation
      $535,000
      6,375 SF

      9000 Pennsylvania Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,375 SF
      9000 Pennsylvania Ave, Oklahoma City, OK 73159-6931
      View Details

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    Similar Nearby for Lease

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      Retail space available in high-traffic Oklahoma City location.
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    • $18 SF/Yr
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      Retail Space with Drive-Thru

      Endcap retail space with drive-thru in established shopping center.
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      Retail spaces available in a highly trafficked shopping center.
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      Retail Space in Oklahoma City

      Retail property available for lease in Oklahoma City, OK.
      13740 N Pennsylvania Ave, Oklahoma City, OK 73159
      View Details
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    Oklahoma City, OK 73159
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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
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