615 Wilshire Blvd Oklahoma City, OK 73114
- Warehouses
- 193,320 SF
- 7.74 lot acres
Current Use by Public Records
- Cold Hand Arms / Gun Shop
- The Range Cafe / American Restaurant
- Wilshire Gun / American Restaurant / Gun Shop
- M&M Supply Co. Distribution Center / Oil Field Equipment Supplier
- DirtKart OKC / Off-Road Race Track
Property Details for 615 Wilshire Blvd
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 7.74 lot acres
- Property size
- 193,320 SF
- Property type
- Warehouses
- APN
- 13-458-1015
- APU
- 134581015
Description
This exceptional Oklahoma County industrial property offers 192,353 square feet of warehouse space, with 76,104 square feet currently vacant. The single-story building, constructed in 1957 and renovated in 2006, boasts a 21-foot ceiling height, five loading docks, and ample parking for 182 vehicles. Three spaces are immediately available, ranging from 18,464 to 57,640 square feet, offering flexible office/warehouse configurations ideal for various businesses. The property features 12 overhead doors, including one ramped drive-through and eleven dock-high doors. Interior office space includes a sizable kitchen/breakroom, three private offices, storage areas, two restrooms, and a utility closet. Situated on 11.92 acres with excellent visibility on Wilshire Boulevard, between Broadway Extension and Nichols Hills, this Class C building is zoned I-2 and has a 200 amp/240-volt, 3-phase power supply. The property is well-maintained and ready for immediate occupancy, with the landlord open to reasonable tenant improvements. This prime location and versatile space make it an attractive investment opportunity for businesses seeking a high-profile, functional workspace. The APN is 134581015.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,390,000
- 6.5%
- $8,340,000
- 7%
- $7,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,585,000
- Geo Method
- $7,070,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,255,000
- Retail
- $8,190,000
- Mixed-Use
- $6,530,000
- Hospitality
- $8,585,000
- Educational
- $6,840,000
- Residential Income
- $6,635,000
- Energy
- $7,920,000
- Income-Based Land
- $8,540,000
- Food Service
- $7,155,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5248
- Latitude
- 35.5519
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
