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Property profile & analytics
FOR LEASE
Strip malls

6807 N May Ave Oklahoma City, OK 73116

38,000 SF 2.1 ac lot Built 1953
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US69-0577897
Property summary
AI-generated overview

This exceptional retail opportunity presents a 38,200 square foot, single-story shopping center located at 6807 N May Ave in Oklahoma City, Oklahoma. Built in 1956 and classified as a Class B property, the center boasts a highly desirable C-3 zoning designation within Oklahoma County. The property features excellent visibility and accessibility with prominent frontage along May Avenue, ensuring high traffic and exposure for tenants. Ample parking is available for customers and employees, enhancing the shopping experience. The center's multiple tenancy structure provides flexibility for a variety of retail businesses. The property's location in the 73116 zip code offers convenient access to a substantial customer base. This established center presents a strong investment opportunity for those seeking a well-positioned retail property in a thriving Oklahoma City market. The property's existing pylon signage provides excellent branding opportunities for tenants. The single-story design offers ease of access and navigation for shoppers. This is a rare chance to acquire a well-established retail center with significant potential for growth and return on investment. The property's history and location make it a compelling option for investors seeking a stable and profitable asset.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1953
Construction BRICK
Total area 38,000 SF
Lot 2.1 ac (91,345 SF)
APN 11-248-2655
UPID US69-0577897
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
  • Power up Nutrition Pharmacy (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$2.07M
Owner & transaction history
Pilchers Lakewood South LP · 12 yrs held
Pilchers Lakewood South LP
since 2013
2 recorded transactions
2023
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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