9118 NE 23rd St
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9118 NE 23rd St
7,000 SF Retail Building Oklahoma City, OK 73141 $1,100,000 ($157/SF)
Investment Highlights
- Zoning: The land is zoned Commercial/Residential, providing flexibility for prospective builders to design projects that meet market demands
- Traffic Counts: +/- 20,000-21,000 AADT (2018 ODOT)
- Utilities: Essential utilities such as water, electricity, and sewer are readily available, facilitating the construction process
Executive Summary
This expansive +/- 2.30-acre property boasts prime frontage on Highway 62, offering excellent visibility and accessibility. Ideally located northeast of Midwest City, this site is en route to Nicoma Park, placing it in a growing area with significant traffic flow and high demand for retail and industrial facilities.
KEY HIGHLIGHTS:
Location: High-traffic area with frontage on Highway 62, ensuring visibility and easy access. Nearby Retailers: Within close proximity to popular retailers and restaurants, including Walmart Supercenter, Taco Bell, Sonic, Braum's, and McDonald's, which drives consistent
consumer traffic.
Development Potential: Suitable for retail, industrial development, mini-storage, etc., catering to the demand from local residents and passing traffic alike. This is an opportunity to secure a prime piece of commercial real estate in a growing part of Oklahoma City. With a large footprint, this site is perfect for developers looking to capitalize on the vibrant retail and industrial market
KEY HIGHLIGHTS:
Location: High-traffic area with frontage on Highway 62, ensuring visibility and easy access. Nearby Retailers: Within close proximity to popular retailers and restaurants, including Walmart Supercenter, Taco Bell, Sonic, Braum's, and McDonald's, which drives consistent
consumer traffic.
Development Potential: Suitable for retail, industrial development, mini-storage, etc., catering to the demand from local residents and passing traffic alike. This is an opportunity to secure a prime piece of commercial real estate in a growing part of Oklahoma City. With a large footprint, this site is perfect for developers looking to capitalize on the vibrant retail and industrial market
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
2006
Price
$1,100,000
Price Per SF
$157
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
2.50 AC
Zoning
C-3 & R-6
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
60 FT on 23rd St
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 156202970 | Improvements Assessment | $6,349 |
| Land Assessment | $95,832 | Total Assessment | $102,181 |
PROPERTY TAXES
Parcel Number
156202970
Land Assessment
$95,832
Improvements Assessment
$6,349
Total Assessment
$102,181
-
Neil Dailey, SIOR -
Kalvin Burghoff -
Dakota Brasher -
MCP / McGraw Commercial Properties
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9118 NE 23rd St
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