Property profile

1112 23rd St Oklahoma City, OK 73106

OFF-MARKET
Banks
Property ID
US69-0274975
17,830 SF 4.88 ac lot Built 1958
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This unique 33,535-square-foot property, known as the Gold Dome, presents a remarkable investment opportunity. Located at 1112 NW 23rd St, Oklahoma City, OK 73106, this iconic structure sits on a 2.43-acre lot in the heart of Uptown OKC, a densely populated area. Built in 1958, this three-story building boasts a unique geodesic dome design, one of only a few privately owned in the United States. The property is currently vacant and offers significant potential for redevelopment. Its classification as a mixed-use property allows for a variety of uses, including retail, hospitality, and special purposes, as permitted under the C3 Commercial zoning. The building features 78 existing parking spaces, with potential for expansion to over 100. Its prime location on historic Route 66, a heavily trafficked arterial road (34,000+ vehicles daily), ensures high visibility and accessibility. Furthermore, its listing on the National Register of Historic Places opens the possibility of utilizing historic tax credits. The property's proximity to Interstate 235, the State Capitol, Oklahoma City University, downtown OKC, Midtown, Paseo and Plaza Districts, and OU Medical Center provides unparalleled convenience and accessibility. The asking price is $3,000,000, translating to $89.46 per square foot. This is a rare chance to acquire a piece of Oklahoma City history with immense redevelopment potential.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,830 SF
Lot 4.88 ac (212,355 SF)
APN 04-500-0747
UPID US69-0274975

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Business Management Consultant Professional Services
  • Business Management Consultant
  • Tour Operator

Location

1112 23rd St Oklahoma City, OK 73106-5608
Oklahoma City metro Census 101900 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$746k
Blend (final) Blend
$730k

Owner & transaction history

since 2015
7 recorded transactions
2015
$1.1M
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
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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