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Property profile & analytics

1201 Reno Ave Oklahoma City, OK 73106

  • Flex space
  • 5,500 SF
  • 0.22 lot acres
For Sale
Last Sale
Oct 01, 2020
$389,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US69-0164264
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bad Axe Throwing Oklahoma City / Event Venue / Recreation Center
  • Ivy League Cannabis / Cannabis Store
  • Hilltop Gardens Dispensary / Cannabis Store

Property Details for 1201 Reno Ave

Year built
1962
Construction
CONCRETE BLOCKS
Lot size
0.22 lot acres
Property size
5,500 SF
Property type
Flex space
APN
01-400-8720
APU
14008720

Description

Prime 5,500 SF retail building located at 1201 W Reno Ave, Oklahoma City, OK 73106, offers a unique investment opportunity. This single-story, Class B building, constructed in 1962 and renovated in 2017, features three suites totaling 5,500 square feet, with 4,500 square feet currently vacant. Flexible space is available, ranging from 1,500 to 4,000 contiguous square feet, ideal for multiple tenants. The property boasts a desirable corner location at the Downtown OKC Klein Exit from OKC Boulevard, providing excellent visibility and accessibility. With 20 parking spaces, 15-foot ceilings, and a 55-foot building depth, this property offers ample space and convenience. The 0.34-acre lot is zoned I-2 with a DP overlay. Additional benefits include one curb cut, proximity to the Farmers Market (walking distance), and easy access to I-40 and Scissortail Park (3-minute drive). The building's masonry construction is durable and well-maintained. A letter of intent is currently in progress for a wine and spirits tenant, indicating strong market demand. This is an exceptional opportunity to secure a well-located retail space in a thriving Oklahoma City neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Oklahoma City
County
Oklahoma
State
Oklahoma
Longitude
-97.5329
Latitude
35.4645
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,216
$7,270
$35,200
$42,470
-
$66,095
$320,000
$386,095
More about this property
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