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    Property profile & analytics
    OFF-MARKET Estimated value $4,090,000
    Strip malls

    2012 178th St, Edmond, OK 73012-4356

    19,925 SF 2.51 ac lot Built 2015
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US69-1004281
    Property summary
    AI-generated overview

    The Shoppes at Valencia, a 19,781 square foot retail center built in 2016, presents a unique investment opportunity in Edmond, Oklahoma. Strategically located at 2012 NW 178th St, 73012, this property boasts a prime location just off the hard corner of 178th and Penn, offering exceptional visibility and accessibility. The center sits on a 2.5-acre lot and is zoned C3. Currently, there are multiple spaces available, ranging from a minimum of 1,732 square feet to a maximum contiguous space of 6,154 square feet, with a total of 4,072 square feet currently vacant. The existing tenants provide a diverse mix of businesses catering to local residents, including restaurants, a gym, and a nail salon. This creates a thriving commercial environment and a strong foundation for future tenants. A key advantage for prospective tenants is the prominent signage locations and the availability of a back patio overlooking a neighborhood pond, offering a unique and attractive amenity. This property offers a blend of established success and significant growth potential within the Oklahoma City submarket of Oklahoma County. The Shoppes at Valencia represents a compelling opportunity for businesses seeking high visibility and a strong local customer base.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2015
    Construction STEEL FRAME
    Total area 19,925 SF
    Lot 2.51 ac (109,248 SF)
    APN 18-423-4030
    UPID US69-1004281
    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
    • Four Star Fitness - Edmond Gym & Fitness Center
    • GT Fitness & Training Gym & Fitness Center
    • Jon The Ripper Personal Trainer Edmond Gym & Fitness Center
    • Thai La Moon Restaurant
    • Sugar Llamas Edmond Bakery Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.69M
    CAP Approach CAP
    $3.23M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.09M
    Owner & transaction history
    Valencia Shops Baceline LLC · 2 yrs held
    Valencia Shops Baceline LLC
    since 2023
    Last sale
    $4.1M
    5 recorded transactions
    2023
    $4.1M
    2022
    2022
    2008
    $1.1M
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.4M +11.0%
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