7809 N May Ave Oklahoma City, OK 73116
For Sale
This exceptional 25,200 square foot land parcel, located at 7809 N. May Ave in Oklahoma City, Oklahoma, presents a unique investment opportunity. Zoned for garage/parking, this property boasts a significant 180-foot frontage, offering excellent visibility and accessibility. Situated in a thriving commercial area of North Oklahoma City and Nichols Hills, the location benefits from high traffic volume and proximity to established businesses. Nearby retailers include recognizable names such as Firestone, Pizza Hut, Pizza Inn, Sonic, NBC Bank, and Starbucks, ensuring consistent foot traffic and potential for strong returns. The property is currently available for lease at $5,500.00 per month, on a Net, Net, Net (NNN) basis. This means the tenant is responsible for property taxes, insurance, and maintenance, minimizing the owner's operational expenses. Further enhancing its appeal, additional land is available for purchase, providing potential for expansion or future development. This is an ideal investment for those seeking a stable income stream in a high-demand area with significant upside potential. The property is located in Oklahoma County, Oklahoma, with a zip code of 73116. The coordinates are 35.550537 latitude and -97.56603 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.