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Property profile & analytics
FOR SALE
Flex space

706 W California Ave Oklahoma City, OK 73102

10,075 SF 0.31 ac lot Built 1950
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0068772
Property summary
AI-generated overview

This exceptional 6,600-square-foot retail space, situated in Oklahoma City's thriving Central Business District, presents a remarkable opportunity for discerning businesses. Built in 2024, the property boasts a newly remodeled interior and a prominent 43-foot storefront, ensuring high visibility and attracting significant foot traffic. The single-tenant building sits on a 0.32-acre lot and includes a convenient mezzanine level, adding valuable extra space. Fifteen dedicated parking spaces are available for customers and employees, a significant advantage in a bustling urban environment. The property features a rear overhead door, facilitating efficient loading and unloading. Its strategic location places it just five blocks from the Paycom Arena and three blocks from Scissortail Park, providing unparalleled access to entertainment venues and green spaces. Surrounded by a vibrant mix of retail establishments, bars, and restaurants, this property benefits from a high concentration of potential customers. Located between Sheridan and Reno Avenues, in Oklahoma County, zip code 73102, this space is zoned CTC-2, making it ideal for a variety of retail uses. This is a rare opportunity to secure a prime retail location in one of Oklahoma City's most dynamic and rapidly growing areas.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,075 SF
Lot 0.31 ac (13,329 SF)
APN 01-368-4410
UPID US69-0068772
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
  • Rio Press Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Robert L Sullivan · 12 yrs held
Robert L Sullivan
since 2014
6 recorded transactions
2014
$175,000
1998
$100,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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