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Property profile & analytics
OFF-MARKET Estimated value $2,430,000
Strip malls

5900 Memorial Rd Oklahoma City, OK 73142-2027

15,200 SF 1.73 ac lot Built 2012
Entity Owned 4-yr Hold Free & Clear
Property ID
US69-0604896
Property summary
AI-generated overview

This exceptional retail opportunity is located at 5900 W Memorial Rd, Oklahoma City, OK 73142. The property is a strip center with 1,844 square feet currently vacant, ideal for a variety of retail uses. Its prime location at the intersection of W Memorial Road and N MacArthur Boulevard offers unparalleled visibility and accessibility. The center benefits from its proximity to the affluent Gaillardia neighborhood, boasting an average household income of $145,441—82% higher than the Oklahoma City metropolitan statistical area average. This translates to a strong customer base with significant purchasing power. The property's strategic location also places it near major employers such as Paycom, Mercy Hospital, Farmers Insurance Group, and INTEGRIS Health, ensuring a consistent flow of potential customers. The property is situated in Oklahoma County and offers a unique chance to establish a business in a high-traffic, high-income area. The available space presents a blank canvas for a discerning tenant seeking a prominent location within a thriving community. This is a rare opportunity to capitalize on a prime retail space in a highly desirable Oklahoma City location. Serious inquiries only.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2012
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,200 SF
Lot 1.73 ac (75,228 SF)
APN 14-947-1097
UPID US69-0604896
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
  • Onceu Gas Station
  • Western Union Bank Credit Union
  • Revive Cannabis Dispensary (Bike/Boat/Book/etc) Store
  • The Grape Wine and Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • TAO BITCOIN ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.73M
Blend (final) Blend
$2.43M
Owner & transaction history
7 Eleven LLC · 4 yrs held
7 Eleven LLC
since 2021
3 recorded transactions
2021
Price N/A
2010
$1.4M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.1M +82.6%
Medical building $2.4M +37.7%
Auto repair, garage $2.3M +31.2%
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