3000 89Th St Oklahoma City, OK 73139
- Strip malls
- 0.90 lot acres
Current Use by Public Records
- HOOZ House Deli / Bar / Bar & Grill
- Romantix / Adult Entertainment Store
- World Finance / Loan Agency / Tax Preparation
- Reign Events Lounge powered by Hooz House Cajun Deli / Bar & Grill / Vegetarian Cafe And Deli
- The Mutha Tree / Alternative Medicine Practitioner
Property Details for 3000 89Th St
- Lot size
- 0.90 lot acres
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- OCC2RPDWH 1 3002
- APU
- OCC2RPDWH13002
Description
This exceptional 1,340 square foot retail space is part of the Shoppes on 89th, a 10,000 square foot strip center located in Oklahoma City, Oklahoma County. Built in 2019, this property sits on a 0.9-acre lot and is zoned 12 UC. The space is currently vacant and offers a prime opportunity for a variety of retail businesses. Its convenient location at 3000 SW 89th St, 73139, provides easy access off S May Ave, benefiting from high daytime traffic and a large residential population. The Shoppes on 89th enjoys a strategic position near several established businesses, including Rapid Car Wash, CVS, Sonic, 7-11, and Quicker Liquor, ensuring high visibility and foot traffic. The proximity to multiple apartment complexes and a nearby Amazon fulfillment center further enhances the property's appeal, guaranteeing a substantial customer base. This property presents a unique chance to establish a thriving retail presence in a dynamic and rapidly growing area of South Oklahoma City. The single suite within the building offers flexibility and control for the tenant. This is an excellent opportunity for a business seeking high visibility and a strong customer base in a well-established commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $305,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $295,000
- Mixed-Use
- $375,000
- Hospitality
- $340,000
- Educational
- $310,000
- Residential Income
- $350,000
- Energy
- $325,000
- Income-Based Land
- $280,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.568
- Latitude
- 35.3767
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA