4433 23Rd St, Oklahoma City, OK 73107
This exceptional 1.04-acre commercial pad site, located at 4433 NW 23rd St, Oklahoma City, OK 73107, presents a prime ground lease opportunity. Boasting 45,000 square feet and 150 feet of frontage on NW 23rd Street, with cross access via N Meridian Ave, this property enjoys exceptional visibility and accessibility. Previously occupied by a national franchise for three decades, the site is now cleared and ready for immediate development. The location within Oklahoma City's Northwest submarket, specifically in Oklahoma County, benefits from a high volume of traffic, averaging 23,080 vehicles daily, translating to over 8 million vehicles annually. The property is zoned commercial and has an APN of 145701015. Annual property taxes are $0.07 per square foot. The site is ideally suited for a variety of uses, including quick-service restaurants or medical clinics. A build-to-suit option is negotiable. The monthly lease rate is $5,800. This is a rare opportunity to establish a business in a high-traffic, high-visibility location with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.