Property profile

2316 Owen K Garriott Rd Enid, OK 73703

OFF-MARKET
Strip malls
Property ID
US69-0811157
42,000 SF 1.97 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Westgate Plaza, located at 2316 W Owen K Garriott Rd in Enid, Oklahoma, presents a significant retail or restaurant opportunity. This single-suite, 3,080 square foot building offers exceptional visibility and accessibility at the northeast corner of Owen Garriott Road and Cleveland Street. The property's strategic location provides multiple access points, maximizing convenience for both customers and employees. Situated in Garfield County, this space is ideally positioned within Enid, Oklahoma's vibrant commercial landscape. Enid, the ninth largest city in Oklahoma, boasts a population exceeding 50,000 residents, creating a substantial customer base. The proximity to Vance Air Force Base, approximately three miles away, further enhances the property's appeal and potential for a thriving business. The entire 3,080 square feet is currently vacant, presenting a blank canvas for a new tenant to customize and develop. This prime retail space offers a unique chance to establish a successful enterprise in a well-established and growing community. The property's size and location make it suitable for a variety of retail or restaurant concepts. Interested parties are encouraged to explore the potential of this exceptional commercial property. The zip code is 73703.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Total area 42,000 SF
Lot 1.97 ac (85,813 SF)
APN 0000-12-22N-07W-3-620-00
UPID US69-0811157

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
  • (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Location

2316 Owen K Garriott Rd Enid, OK 73703-5535
Enid metro Census 1401 ENID, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$820k
Blend (final) Blend
$785k

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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