Property profile

10920 N Council Rd Oklahoma City, OK 73162

FOR SALE
Parking lots & garages
Property ID
US69-0047661
0.37 ac lot Built 2019
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This 0.37-acre commercial lot, located at 10920 N Council Rd in Oklahoma City, Oklahoma (zip code 73162), is zoned C-3 and offered for sale at $475,000. The land value is $16 per square foot. The property is being sold as a build-to-suit opportunity, offering the potential for sale or lease. A current plan includes a 2,500-square-foot building, but reasonable modifications can be made by the tenant or buyer. However, significant changes to the building's quality or type may result in price adjustments. This prime location provides easy access to the Northwest Expressway and Kilpatrick Turnpike, situated near the intersection of Council Road and Hefner Road. The flexible floor plans allow for adaptability to various business needs. Interested parties should be aware that alterations to the proposed building design may impact the final sale or lease price.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 2019
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot 0.37 ac (16,161 SF)
APN 21-636-1010
UPID US69-0047661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10920 N Council Rd Oklahoma City, OK 73162
Oklahoma City metro Census 108530 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2018
7 recorded transactions
2022
Price N/A
2018
$72,500
2015
$135,000
2015
Price N/A
2010
Price N/A
2001
$225,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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