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Property profile & analytics
OFF-MARKET Estimated value $3,755,000
Grocery and convenience stores

10011 15th St Midwest City, OK 73130-5625

49,926 SF 5.55 ac lot Built 1996
Entity Owned 1-yr Hold Free & Clear
Property ID
US69-2392614
Property summary
AI-generated overview

This exceptional 51,222-square-foot grocery store, located at 10011 SE 15th St in Midwest City, Oklahoma, presents a compelling investment opportunity. Built in 1996 and extensively renovated in 2019, the property sits on a sizable 5.55-acre lot (APN: 129301000 | Block-1) and boasts 100% occupancy by Mini-Max Food Store. The asking price is $3,000,000, translating to $58.57 per square foot. The property features a new roof (installed December 17, 2021), ample parking (310 spaces, a 6.08/1000 ratio), and high visibility due to its dual frontage on SE 15th St and S Post Rd, experiencing approximately 12,000 vehicles daily. This turnkey operation includes all necessary fixtures, making it ideal for an owner-user seeking a profitable venture in a thriving East Oklahoma County location. The property's size and location offer significant potential for continued success and strong returns on investment. The property is zoned for retail use and offers a rare combination of size, location, and recent improvements, making it a highly desirable asset in the current market. This represents a unique chance to acquire a well-established grocery store either for continued operation or as a strong investment property. The property's strong performance and recent upgrades make it a compelling opportunity for both owner-operators and investors.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 49,926 SF
Lot 5.55 ac (241,584 SF)
APN 12-930-1000
UPID US69-2392614
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
$3.34M
Blend (final) Blend
$3.76M
Owner & transaction history
Black Knight 24 LLC · 1 yrs held
Black Knight 24 LLC
since 2024
7 recorded transactions
2024
$2.8M
2008
Price N/A
2007
$2.0M
2007
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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