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    FOR LEASE
    Strip malls

    1800 South Air Depot Blvd, Midwest City, OK 73110

    4,988 SF 0.55 ac lot Built 2004
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US69-2425898
    Property summary
    AI-generated overview

    This exceptional 4,988 square foot retail property, located at 1800 S. Air Depot Boulevard in Midwest City, Oklahoma, presents a fantastic investment opportunity. Built in 2004, this single-story Class B building sits on a 0.55-acre lot and is zoned C-3, offering considerable flexibility for a variety of retail uses. The property boasts a prime location with excellent frontage along Air Depot Boulevard, ensuring high visibility and accessibility for customers. Ample parking is available, including additional spaces at the rear of the building. Individual unit metering provides efficient utility management. The property's proximity to Rose State College guarantees a consistent flow of potential customers. A significant advantage is the possibility of incorporating a drive-thru feature at the north end cap, further enhancing the property's appeal and functionality. This multi-tenant building offers a unique chance to establish or expand a retail presence in a thriving Oklahoma City suburb. The property's features, combined with its strategic location, make it an ideal choice for discerning investors seeking a strong return on investment. The property is located in Oklahoma County, Oklahoma, with a zip code of 73110.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2004
    Construction FRAME
    Total area 4,988 SF
    Lot 0.55 ac (23,784 SF)
    APN 15-010-4200
    UPID US69-2425898
    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
    $835k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $896k
    Blend (final) Blend
    $820k
    Owner & transaction history
    Kdkgp LLC · 3 yrs held
    Kdkgp LLC
    since 2023
    Last sale
    $765,000
    7 recorded transactions
    2023
    $765,000
    2016
    2005
    $440,000
    2003
    2003
    $60,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $780,000 +37.7%
    Auto repair, garage $740,000 +31.2%
    Office building $640,000 +13.2%
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    More about this property
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