Property profile

2150 Douglas Blvd Midwest City, OK 73130

OFF-MARKET
Strip malls
Property ID
US69-0275675
12,400 SF 1.49 ac lot Built 2001
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Orchard Plaza, a single-story, 12,000 square foot retail center in Midwest City, Oklahoma, presents a compelling investment opportunity. Located at 2150 S Douglas Blvd, zip code 73130, this property boasts high visibility and accessibility from Douglas Boulevard, situated between SE 29th and SE 15th Streets. The center comprises ten individual suites, offering flexibility for a variety of retail tenants. Currently, one suite of 2,400 square feet is available for lease. The property sits on approximately two acres and provides ample parking with roughly 80 spaces for customer convenience. High traffic counts on Douglas Boulevard ensure significant exposure for businesses located within Orchard Plaza. The building features no elevators, reflecting its single-story design. This well-located retail center offers a strong foundation for growth and profitability in a thriving Midwest City market. The property is ideal for investors seeking a stable, established retail investment with high visibility and convenient access. The available suite presents an excellent opportunity for expansion or new business establishment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Construction STEEL FRAME
Total area 12,400 SF
Lot 1.49 ac (64,687 SF)
APN 12-367-2550
UPID US69-0275675

Cap rate & NOI

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

Location

2150 Douglas Blvd Midwest City, OK 73130-6209
Midwest City metro Census 107608 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.10M

Owner & transaction history

since 2001
4 recorded transactions
2001
Price N/A
2001
$240,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.8M +22.1%
Retail stores $1.6M +8.6%

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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