800 S.W. 44th Street Oklahoma City, OK 73109
- Outlet malls
- 137,630 SF
- 10.28 lot acres
Current Use by Public Records
- CVS Pharmacy / Pharmacy
- AutoZone Auto Parts / Car Battery Store / Tool Rental Service
- Westlake Ace Hardware / Hardware Store / Home Improvement Store
- Auto Zone / Tool Store
- KeyMe Locksmiths / Locksmith / Key Duplication Service
Property Details for 800 S.W. 44th Street
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 10.28 lot acres
- Property size
- 137,630 SF
- Property type
- Outlet malls
- APN
- 13-206-4620
- APU
- 132064620
Description
This exceptional investment opportunity presents a 20,000 square foot Ace Hardware storefront located at 800 SW 44th St, Oklahoma City, OK 73109. The property boasts a strong 6.00% cap rate and is offered at an asking price of $2,163,333. This single-story building benefits from a corporate guarantee, ensuring a stable and reliable income stream. Financial performance is further strengthened by a robust rent-to-sales ratio. The property's strategic location within a dense trade area, serving a population of 210,095 within a 5-mile radius, promises consistent high traffic and customer volume. Furthermore, the property's proximity to a large regional hospital to the northwest and a significant retail redevelopment project directly across the street enhances its long-term growth potential and value. This is a rare opportunity to acquire a well-established, high-performing retail asset in a rapidly developing area of Oklahoma City. The property's size and location make it an ideal investment for both seasoned and emerging real estate investors seeking strong returns and significant upside potential. This is a turnkey operation with a proven track record of success.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,065,000
- ML approach
- $8,695,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $10,634,000
Market price range: $6.00M - $15.8M
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Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5288
- Latitude
- 35.4194
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA