1920 S. Meridian Avenue Oklahoma City, OK 73108
- Turn key restaurants
- 3,562 SF
- 0.78 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1920 S. Meridian Avenue
- Year built
- 1994
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.78 lot acres
- Property size
- 3,562 SF
- Property type
- Turn key restaurants
- APN
- 13-238-4020
- APU
- 132384020
Description
This exceptional restaurant property, located at 1920 S. Meridian Avenue in Oklahoma County, presents a unique opportunity for food service businesses. The building boasts a substantial 3,562 square feet of space situated on a generous 0.77-acre lot, offering ample room for both indoor and outdoor operations. The property is zoned I-2, making it ideally suited for a variety of restaurant concepts. The building features a fully equipped, second-generation kitchen, ready for immediate use, complete with two walk-in coolers, one walk-in freezer, and a 16-foot vent hood. This established infrastructure significantly reduces the initial investment and setup time for prospective owners or lessees. An added benefit is the availability of a patio area, perfect for expanding seating capacity and creating a welcoming outdoor dining experience. The property's size and features make it suitable for a wide range of restaurant styles and sizes. This is a turnkey opportunity for an established restaurant looking to relocate or a new venture seeking a prime location with existing infrastructure. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. Contact us today to schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $440,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $460,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $350,000
- Mixed-Use
- $450,000
- Hospitality
- $370,000
- Educational
- $455,000
- Residential Income
- $360,000
- Energy
- $385,000
- Income-Based Land
- $365,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.6006
- Latitude
- 35.4452
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
