Property profile

2101 16Th St Oklahoma City, OK 73107

OFF-MARKET
Specialty properties
Property ID
US69-0304278
19,000 SF 2.3 ac lot
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Property summary

AI-generated overview

This exceptional property at 2101 NW 16th Street in Oklahoma City, Oklahoma, presents a unique redevelopment or reuse opportunity. The offering encompasses two existing buildings totaling 19,000 square feet situated on a 2.3-acre lot. Located at the northwest corner of NW 16th Street and N Penn Avenue, this property enjoys a prime location near the vibrant Plaza District, home to popular establishments such as the Lyric Theatre and Empire Pizza House. The buildings are in excellent condition for their age, featuring new roofs. Ample parking is available on-site. The property is zoned R-1 and offers significant potential for adaptive reuse or redevelopment. The asking price is $1,600,000, translating to $92.11 per square foot. This is a rare opportunity to acquire a substantial property in a rapidly growing area of Oklahoma City. In addition to the existing buildings, three additional vacant 0.25-acre R-1 lots are available, adding to the overall development potential. This central Oklahoma City location provides easy access to major thoroughfares and amenities. Don't miss this chance to own a piece of Oklahoma City history with significant future upside. The zip code is 73107.

Property profile

Verified
Property type Specialty properties
Total area 19,000 SF
Lot 2.3 ac (100,188 SF)
UPID US69-0304278

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • Church

Location

2101 16Th St Oklahoma City, OK 73107
Oklahoma City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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