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    Property profile & analytics
    OFF-MARKET Estimated value $1,110,000
    Strip malls

    111 Post Rd, Midwest City, OK 73130-3600

    10,140 SF 0.79 ac lot Built 2008
    Entity Owned Free & Clear
    Property ID
    US69-0560871
    Property summary
    AI-generated overview

    Rose Rock Center, located at 111 N Post Rd in Midwest City, Oklahoma (zip code 73130), presents a compelling investment opportunity in a thriving retail market. This Class B, multi-tenant retail strip center, built in 2008, boasts a total of 16,016 square feet. Currently, the property enjoys 75% occupancy. The center is strategically situated on a hard corner at the intersection of Reno and Post Road, offering excellent visibility and accessibility. Individual units range from a minimum of 2,024 square feet to a maximum contiguous space of 2,060 square feet, providing flexibility for a variety of retail businesses. Its prime location offers significant advantages, being only two miles from Tinker Air Force Base, one of the largest Air Force bases in the U.S., employing over 30,000 personnel. This proximity ensures a substantial and stable customer base. The property is situated in Oklahoma County and is available for sale or lease. This presents a unique opportunity to acquire a well-located, partially occupied retail center with strong potential for growth and return on investment. The property's size and layout make it ideal for a variety of retail uses, and its location near a major employer provides a built-in customer base.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2008
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 10,140 SF
    Lot 0.79 ac (34,412 SF)
    APN 21-076-1020
    UPID US69-0560871
    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
    by Request
    Blend (final) Blend
    $1.11M
    Owner & transaction history
    DOUGLAS DEVELOPMENT CORPORATION
    DOUGLAS DEVELOPMENT CORPORATION
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.7M +40.3%
    Auto repair, garage $1.6M +34.2%
    Commercial (general) $1.5M +22.1%
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