Property profile

2601 10th St Oklahoma City, OK 73117

OFF-MARKET
Retail space
Property ID
US69-0410449
1,996 SF 0.71 ac lot Built 1969
Individually Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5.6-acre commercial lot, located at 2601 NE 10th St, Oklahoma City, OK 73117, presents a remarkable development opportunity. Situated on a hard corner at the intersection of Northeast 10th Street and Northeast Grand Boulevard, this property boasts unparalleled visibility and accessibility. Benefitting from direct ramp access to I-35, it enjoys exceptionally high traffic volume, with 80,598 vehicles passing daily. The C-3 zoning allows for a wide range of commercial development options. Existing infrastructure includes utilities already on-site (electricity, gas, water, sewer, cable, and telephone). The property features two curb cuts and extensive frontage: over 340 feet on 10th Street and 480 feet along the I-35 service road. Thriving commercial neighbors include Dollar General, McDonald's, and a Valero gas station, further enhancing the property's desirability. The asking price is $1,350,000. This vacant lot offers significant potential for investors seeking a high-impact commercial development project in a prime Oklahoma City location. The APN is 133403210. Don't miss this chance to capitalize on this exceptional location and high traffic count.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction CONCRETE BLOCKS
Total area 1,996 SF
Lot 0.71 ac (31,145 SF)
APN 13-340-3210
UPID US69-0410449

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
  • Grocery & Convenience Store
  • Big Box & Wholesale Store Building Supply

Location

2601 10th St Oklahoma City, OK 73117-5611
Oklahoma City metro Census 109500 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2012
1 recorded transaction
2012
$250,000

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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