7518 N May Ave Oklahoma City, OK 73116
- Strip malls
- 12,183 SF
- 0.28 lot acres
Current Use by Public Records
- Blue Seven / Clothing Store / Gift Shop
- 3113 Nail Studio / Nail Salon
- Preacher Pottery / Pottery Classes / Pottery Store
- CYL Infrared Studio OKC / Lymph Drainage Therapist / Sauna
- Amazon Hub Counter - Blue Seven / Mailing Service / E-Commerce Service
Property Details for 7518 N May Ave
- Year built
- 1949
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.28 lot acres
- Property size
- 12,183 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 07-990-0575
- APU
- 79900575
Description
This exceptional single-story retail strip center, located at 7518 N May Avenue in Oklahoma City, Oklahoma County, offers 12,183 square feet of total building space. Currently, there is 3,635 square feet of vacant space available, perfect for a variety of retail businesses. The property boasts a convenient location at the intersection of Grand and N May, providing excellent visibility and accessibility for customers. The building features ample parking with 41 spaces available for tenants and customers. The property is classified as a multi-tenant retail space, presenting an opportunity for expansion or diversification. The available space totals 1,516 square feet, offering a flexible layout adaptable to various retail needs. The property's address is 7518 N May, Oklahoma City, OK 73116. This location provides easy access to major thoroughfares and a strong customer base within the surrounding community. The property is situated in Oklahoma County and offers a unique opportunity for businesses seeking a high-traffic location with significant visibility. With its convenient location and ample parking, this retail center presents a compelling investment opportunity for businesses looking to establish or expand their presence in the thriving Oklahoma City market. The property's single-story design ensures easy navigation and accessibility for customers and employees alike. The available space is ready for immediate occupancy, allowing businesses to quickly establish their operations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,170,000
- 6.5%
- $1,145,000
- 7%
- $1,140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,035,000
- Geo Method
- $1,120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,110,000
- Retail
- $1,180,000
- Mixed-Use
- $1,235,000
- Hospitality
- $1,175,000
- Educational
- $1,375,000
- Residential Income
- $1,070,000
- Energy
- $1,205,000
- Income-Based Land
- $990,000
- Food Service
- $1,385,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5651
- Latitude
- 35.5469
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
