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    Property profile & analytics
    OFF-MARKET Estimated value $615,000
    Strip malls

    10001 15th St, Midwest City, OK 73130-5608

    6,500 SF 0.84 ac lot Built 1996
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US69-0680654
    Property summary
    AI-generated overview

    This 6,500 square foot retail building is situated on the northeast corner of SE 15th Street and Post Road in Midwest City, Oklahoma, offering prominent frontage on both major thoroughfares. The property features a single building with 43 parking spaces and security lighting, ensuring ample customer convenience and safety. Currently, 2,266 square feet of retail space is available for lease, representing a significant opportunity for a variety of businesses. The building's outparcel location provides excellent visibility and accessibility, positioned directly in front of a 50,000 square foot Buy For Less grocery store, guaranteeing high traffic counts and substantial foot traffic. The property's strategic location next to Marcos Pizza further enhances its appeal and potential for synergistic business relationships. The lease terms are NNN at a rate of $3.50 per square foot. This property presents a compelling investment opportunity for businesses seeking high visibility and a strong customer base in a thriving Midwest City location. The available space is ideal for a variety of retail uses, capitalizing on the significant traffic generated by the adjacent grocery store and other nearby businesses. The ample parking and security features further enhance the property's attractiveness to potential tenants.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1996
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,500 SF
    Lot 0.84 ac (36,590 SF)
    APN 12-930-1020
    UPID US69-0680654
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $847k
    Blend (final) Blend
    $615k
    Owner & transaction history
    Abs Dfw Investor LLC · 19 yrs held
    Abs Dfw Investor LLC
    since 2006
    5 recorded transactions
    2006
    1998
    $585,000
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $935,000 +22.1%
    Retail stores $830,000 +8.6%
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