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    OFF-MARKET
    Parking lots & garages

    3601 39th St, Oklahoma City, OK 73112-6309

    3.24 ac lot Built 2017
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US69-1611164
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    WINCO FOODS LLC
    WINCO FOODS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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