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    OFF-MARKET
    Turn key restaurants

    9003 Reno Ave, Midwest City, OK 73130-3315

    1,152 SF 2.23 ac lot Built 1991
    Entity Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US69-0059580
    Property summary
    AI-generated overview

    This exceptional value-add opportunity presents a 1,792-square-foot gas station situated on a 0.911-acre lot in Midwest City, Oklahoma. Located at 9003 E Reno Ave, the property benefits from a prime location at a highly visible, signalized intersection boasting over 34,000 vehicles per day. The strategic positioning ensures excellent visibility and accessibility for potential customers. The property's proximity to major economic drivers and national tenants further enhances its appeal. Nearby establishments include CVS, Crest Foods, Dollar Tree, Walmart Neighborhood Mart, Winco Foods, SSM Health Midwest City Hospital, John Conrad Golf Course, and Tinker Air Force Base, creating a robust and diverse customer base. The asking price is $930,000, translating to $518.97 per square foot. This versatile property is suitable for a variety of uses, including a gas station/convenience store, fast food restaurant, urgent care/medical facility, or auto care center. The single-tenant occupancy provides flexibility for future development and operational strategies. This is a rare opportunity to acquire a well-located commercial property with significant growth potential in a thriving Oklahoma City market. The property's size and location make it an ideal investment for those seeking a strong return on investment in a high-traffic area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1991
    Construction WOOD FRAME
    Total area 1,152 SF
    Lot 2.23 ac (97,095 SF)
    APN 15-655-9600
    UPID US69-0059580
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    K-2 INC · 22 yrs held
    K-2 INC
    since 2003
    1 recorded transaction
    2003
    $450,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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