12325 May Ave Oklahoma City, OK 73120-1962
- Strip malls
- 45,367 SF
- 3.26 lot acres
Current Use by Public Records
- J.D. Adams & Co / Fishing Store / Hunting And Fishing Store
- Joey's Cafe / Restaurant / Breakfast Restaurant
- Palm Beach Tan / Tanning Salon
- The Gas Station Dispensary Quail Creek / Cannabis Store
- R & K Cigars / Tobacco Shop
Property Details for 12325 May Ave
- Year built
- 1983
- Construction
- BRICK
- Lot size
- 3.26 lot acres
- Property size
- 45,367 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 10-416-2000
- APU
- 104162000
Description
Town & Country Shopping Center, a single-story, 44,100 square foot retail property in Oklahoma County, presents a prime investment opportunity. Located on the west side of N. May Avenue, just north of the NW corner of May Avenue and NW 122nd Street in Oklahoma City, this shopping center boasts excellent visibility and accessibility. With approximately 250 parking spaces, the center caters to a high volume of traffic in a densely populated area. The property is configured as a strip mall with multiple tenancies, and currently has one available space measuring 2,125 square feet. This space is ideal for a variety of retail businesses seeking a location with high foot traffic and strong visibility. The center's strategic location within a heavily developed area ensures consistent customer flow. The single-building structure offers ease of management and maintenance. No elevators are present, reflecting the single-story design. This well-established shopping center represents a compelling opportunity for businesses seeking a thriving retail environment in a high-traffic location. The property's size and configuration provide flexibility for a range of retail uses. The ample parking ensures convenient access for customers. This is a rare opportunity to secure a space in a successful, established shopping center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,005,000
- 6.5%
- $905,000
- 7%
- $910,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $890,000
- Geo Method
- $920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $970,000
- Retail
- $1,080,000
- Mixed-Use
- $1,110,000
- Hospitality
- $905,000
- Educational
- $1,000,000
- Residential Income
- $895,000
- Energy
- $825,000
- Income-Based Land
- $845,000
- Food Service
- $1,035,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5679
- Latitude
- 35.596
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
