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Property profile & analytics
FOR LEASE
Medical Office Space

6520 W Reno Ave Oklahoma City, OK 73127

2,769 SF 1.33 ac lot Built 1966
Entity Owned 8-yr Hold Free & Clear
Property ID
US69-0678582
6520 W Reno Ave, Oklahoma City, OK 73127 For Lease
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6520 W Reno Ave, Oklahoma City, OK 73127
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,769 SF
Lot 1.33 ac (57,848 SF)
APN 15-020-1100
UPID US69-0678582
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
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
Never Say Never LLC · 8 yrs held
Never Say Never LLC
since 2018
1 recorded transaction
2018
$150,000
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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