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    Property profile & analytics
    OFF-MARKET Estimated value $1,155,000
    Strip malls

    7518 May Ave, Oklahoma City, OK 73116-3221

    12,183 SF 0.28 ac lot Built 1949
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US69-0715438
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1949
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 12,183 SF
    Lot 0.28 ac (12,110 SF)
    APN 07-990-0575
    UPID US69-0715438
    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
    • Blue Seven Clothing Store Gift Shop
    • 3113 Nail Studio Nail Salon
    • Preacher Pottery Training Center Vocational School
    • CYL Infrared Studio OKC Gym & Fitness Center Spa & Massage Center
    • Amazon Hub Counter - Blue Seven Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.14M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.16M
    Owner & transaction history
    7518 Center LLC · 5 yrs held
    7518 Center LLC
    since 2020
    Last sale
    $1.2M
    7 recorded transactions
    2023
    2022
    2021
    2021
    2021
    2020
    $1.2M
    2007
    $950,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.9M +37.7%
    Commercial (general) $1.8M +31.5%
    Auto repair, garage $1.8M +31.2%
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