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Property profile & analytics
OFF-MARKET Estimated value $2,555,000
Strip malls

5616 Memorial Rd Oklahoma City, OK 73142-2014

15,872 SF 1.95 ac lot Built 2019
Entity Owned ~ Est. High Equity
Property ID
US69-1085099
Property summary
AI-generated overview

This exceptional 1,440 square foot retail space is located within The Shoppes at Memorial, a vibrant 15,872 square foot retail center built in 2019. Situated at 5616 W Memorial Rd, Oklahoma City, OK 73142, this property benefits from a high-traffic location at the southeast corner of Memorial Road and MacArthur. The convenient access to the Kilpatrick Turnpike on and off-ramps makes this an ideal location for businesses targeting commuters. The property sits on a sizable 84,935 square foot lot and is zoned C-3, allowing for a variety of commercial uses. This space is part of a thriving retail development, sharing the center with established businesses including Pepperoni Grill, Volcano Sushi, Geico, and Great Clips. The building offers multiple tenancies, creating a synergistic environment for businesses. This is a rare opportunity to secure a space in a rapidly developing area with excellent visibility and accessibility. The available space presents a blank canvas for a variety of retail concepts, offering a chance to establish a strong presence in a high-demand location. Don't miss this chance to become part of a successful retail center in a prime Oklahoma City location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2019
Total area 15,872 SF
Lot 1.95 ac (85,029 SF)
APN 20-900-1000
UPID US69-1085099
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
  • Great Clips Hair Salon Nail Salon
  • Palladium Nail Bar & Lash Nail Salon
  • Ed Shelton - GEICO Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.85M
Blend (final) Blend
$2.56M
Owner & transaction history
660 Memorial LLC
660 Memorial LLC
since 2026
5 recorded transactions
2026
$6.3M
2017
Price N/A
2008
$1.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.3M +82.6%
Medical building $2.5M +37.7%
Auto repair, garage $2.4M +31.2%
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