5817 Western Ave Oklahoma City, OK 73109
- Auto shops
- 8,275 SF
- 0.56 lot acres
Current Use by Public Records
- Goodyear--AR Tire & Auto / Tire Shop / Auto Repair Shop
Property Details for 5817 Western Ave
- Year built
- 1964
- Construction
- BRICK
- Lot size
- 0.56 lot acres
- Property size
- 8,275 SF
- Property type
- Auto shops
- APN
- 08-568-0600
- APU
- 85680600
Description
This exceptional single-tenant retail property, located at 5817 S Western Ave in Oklahoma City, OK 73109, presents a unique investment opportunity. The building, constructed in 1964, offers a substantial 8,275 square feet of space, ideal for an auto repair business or similar operation. The property features a single-story building with no elevators. The lease is a NNN (Net, Net, Net) type, meaning the tenant is responsible for property taxes, insurance, and maintenance. This is a prime location in Oklahoma City, offering excellent visibility and accessibility. The property is currently configured as an auto repair facility, and includes an alignment machine which will be sold separately. The asking lease rate is $8 per square foot. The property's single-tenant occupancy provides stability and ease of management. This is a rare opportunity to acquire a well-established auto repair facility in a thriving Oklahoma City location. The property's size and location make it an attractive option for a variety of automotive-related businesses. Serious inquiries are encouraged to explore this promising investment. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $305,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $310,000
- Mixed-Use
- $295,000
- Hospitality
- $280,000
- Educational
- $270,000
- Residential Income
- $265,000
- Energy
- $290,000
- Income-Based Land
- $245,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5306
- Latitude
- 35.4075
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
