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Property profile & analytics
FOR SALE
Commercial real estate

628 NE 4Th St Oklahoma City, OK 73104

2,482 SF 0.13 ac lot Built 1956
Entity Owned 3-yr Hold Free & Clear
Property ID
US69-0299768
Property summary
AI-generated overview

This 1,878-square-foot vacant commercial property, located at 628 NE 4th St in Oklahoma City, OK 73104, presents a compelling redevelopment opportunity. Priced at $395,000 ($210.33/sq ft), this single-tenancy building offers significant potential for investors and developers. Built in 1956, the property sits on a 5,750-square-foot lot and is zoned C-4 (PUD 1700), allowing for a variety of uses including mixed-use, commercial, or potentially residential development. The property is currently vacant, providing a blank canvas for your vision. Its prime location offers excellent highway accessibility and a downtown feel, benefiting from its proximity to the Foster Center Project and the upcoming Lincoln Square Revitalization. This revitalization presents a unique chance to capitalize on the area's upward trajectory. The property's flexible zoning and strategic location make it an ideal investment for those seeking a high-return opportunity in a rapidly developing area of Oklahoma City. The lease type is modified.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1956
Construction FRAME
Total area 2,482 SF
Lot 0.13 ac (5,750 SF)
APN 02-280-0450
UPID US69-0299768
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
  • Michelle Bell Marriage Or Relationship Counselor
  • Danielle Fields Medical Clinic
  • Julia Rhodes Counselor
  • Karen Cheney Counselor
  • Tina Bruner Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pristine LLC · 3 yrs held
Pristine LLC
since 2022
6 recorded transactions
2022
$116,500
2021
$116,000
2019
$75,000
2018
Price N/A
2018
Price N/A
2015
$115,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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