Technical
Financial
Distress signals
Property profile

3601 39th St Oklahoma City, OK 73112

OFF-MARKET
Parking lots & garages
Property ID
US69-1611164
3.24 ac lot Built 2017
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

Portland Plaza, a thriving retail center in Oklahoma County, offers exceptional opportunities for businesses seeking prime commercial space. This multi-tenant shopping center boasts a total of 76,299 square feet, with 12,392 square feet currently vacant. Spaces range from a minimum of 1,202 square feet to a maximum contiguous space of 8,417 square feet, providing flexibility for various business needs. The property enjoys a highly desirable location at the northeast corner of NW 39th Street (SH 66) and Portland Avenue, benefiting from exceptional visibility and accessibility. This strategic location is shadow-anchored by a new 84,000 square foot WinCo Foods, drawing significant foot traffic and customer base. The area is densely populated, with over 250,000 people residing within a five-mile radius, ensuring a robust customer pool. Furthermore, the property's proximity to major thoroughfares like SH 66, I-44, and Lake Hefner Parkway/SH 74 (with over 100,000 vehicles per day) guarantees high visibility and convenient access for customers. This location provides access to 85% of the Oklahoma City Metropolitan Statistical Area's population within a 10-minute drive. A new pad site is also available for redevelopment, presenting an additional opportunity for expansion or new construction. This property presents a rare chance to establish a business in a high-traffic, densely populated area with strong anchor tenants and excellent accessibility.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot 3.24 ac (141,004 SF)
APN 14-784-1225
UPID US69-1611164

Cap rate & NOI

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

Location

3601 39th St Oklahoma City, OK 73112-6309
Oklahoma City metro Census 106601 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

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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