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    Property profile & analytics
    OFF-MARKET Estimated value $1,540,000
    Strip malls

    5601 Pennsylvania Ave, Oklahoma City, OK 73112

    32,415 SF 1.98 ac lot Built 1971
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US69-0707601
    Property summary
    AI-generated overview

    This exceptional retail investment opportunity is located at 5601 S Pennsylvania Ave, Oklahoma City, OK 73119, encompassing a substantial 12,581 square feet on a 1.22-acre lot. Built in 1953, the property boasts 52 parking spaces, providing ample convenience for customers and tenants. The asking price is $950,000, translating to a price per square foot of $75.51. This translates to a compelling 6.95% capitalization rate, based on a Net Operating Income (NOI) of $66,000. The property's prime location in Oklahoma City, within Oklahoma County, offers significant potential for growth and strong rental income. This is an ideal investment for those seeking a stable, high-yielding asset in a thriving market. The property's size and parking capacity make it suitable for a variety of retail uses, presenting a unique opportunity for investors to capitalize on the Oklahoma City market. The property's strong NOI and attractive cap rate make it a compelling investment opportunity with significant potential for long-term returns. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, income-producing retail property in a desirable area of Oklahoma City.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1971
    Construction TILT-UP CONCRETE
    Total area 32,415 SF
    Lot 1.98 ac (86,031 SF)
    APN 05-549-1105
    UPID US69-0707601
    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
    Current use
    Occupant on record · Public records
    • Salon de Barron Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.07M
    Blend (final) Blend
    $1.54M
    Owner & transaction history
    North Penn Plaza LLC · 10 yrs held
    North Penn Plaza LLC
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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