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Property profile & analytics
OFF-MARKET Estimated value $1,490,000
Strip malls

1701 Broadway Ave Oklahoma City, OK 73103-3416

9,020 SF 0.31 ac lot Built 1957
Entity Owned 8-yr Hold Free & Clear
Property ID
US69-2393384
Property summary
AI-generated overview

This exceptional two-story office building, totaling 9,020 square feet, presents a unique investment opportunity in Oklahoma County. Situated on a 0.31-acre lot, the property boasts a Class B designation and was constructed in 1960. Recently renovated, the building features upgraded electrical systems and a new HVAC system, ensuring modern functionality and efficiency. The building's layout is suitable for multiple tenants. Ample parking is available at the rear of the building. Its strategic location offers high visibility and high traffic counts, placing it within the central business district, benefiting from proximity to major thoroughfares like I-235 and the burgeoning Alley North Development, also known as Automobile Alley. The property's central location provides easy access to key institutions and businesses, including OU Health, the Oklahoma City Convention Center, Devon Tower, St. Anthony Hospital, and the Paycom area, all within a two-mile radius. The zoning is C-4. A compelling incentive is available: six months of free rent! This property is ideal for businesses seeking a well-maintained, conveniently located office space in a thriving urban environment. The building consists of one structure with two stories. Build-to-suit options may be available.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1957
Construction BRICK
Total area 9,020 SF
Lot 0.31 ac (13,329 SF)
APN 04-388-0465
UPID US69-2393384
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
Current use
Occupant on record · Public records
  • Cooper Project Advisors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.49M
Owner & transaction history
Maoli Energy LLC · 8 yrs held
Maoli Energy LLC
since 2018
Last sale
$1.6M
4 recorded transactions
2018
Price N/A
2018
$1.0M
2007
Price N/A
2006
$198,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.7M +67.5%
Medical building $1.4M +37.7%
Auto repair, garage $1.3M +31.2%
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