6520 Reno Ave Midwest City, OK 73110
- Medical offices
- 2,769 SF
- 1.33 lot acres
Current Use by Public Records
- Medical offices
Property Details for 6520 Reno Ave
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.33 lot acres
- Property size
- 2,769 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 15-020-1100
- APU
- 150201100
Description
This exceptional investment opportunity presents a fully occupied, single-story office building situated on a 0.86-acre lot in Midwest City, Oklahoma. The property, located at 6520 E Reno Ave, 73110, boasts 6,589 square feet of traditional office space, currently operating at 100% occupancy, generating a strong 8.33% capitalization rate. The asking price is $650,000, translating to a price per square foot of $98.65. Recent improvements include updated LED 2x4 lighting panels, foam insulation for enhanced energy efficiency, and new drop ceilings throughout the building. The property also features a newly paved parking lot, providing ample space for tenants and visitors. The building is zoned C-1, offering flexibility for a variety of commercial uses. This is a rare opportunity to acquire a well-maintained, high-performing office building in a desirable location with a proven track record of success. The property's strong occupancy rate and impressive cap rate make it an ideal addition to any investment portfolio. Contact us today to schedule a showing.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midwest City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.4122
- Latitude
- 35.4637
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
