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Investment Highlights
- Suitable for retail, service, or professional office use.
- Daytime workforce population exceeds 18,300 within the trade area.
- Positioned along NW 50th Street with easy access to Classen Boulevard and Western Avenue.
- Located one mile from Penn Square Mall and the OAK Development.
- Private parking lot provides convenience for customers and staff.
- Surrounded by national tenants and mixed-use developments.
Executive Summary
1113 NW 50th Street presents an investment opportunity in one of Oklahoma City’s most desirable inner-loop corridors. Positioned between Classen Boulevard and Western Avenue in the established Helm Farm neighborhood, the property offers direct access to the Penn Square trade area. This location benefits from strong household incomes, steady daytime traffic, and proximity to major employers.
The site is surrounded by national retailers, destination shopping, and new mixed-use developments, creating a dynamic environment for businesses. With a private parking lot and flexible layout, the property is well-suited for retail, service, or professional office use. Its location near Penn Square Mall and the OAK Development enhances visibility and accessibility, making it an attractive option for owner-users or investors seeking a property in a high-demand corridor.
The site is surrounded by national retailers, destination shopping, and new mixed-use developments, creating a dynamic environment for businesses. With a private parking lot and flexible layout, the property is well-suited for retail, service, or professional office use. Its location near Penn Square Mall and the OAK Development enhances visibility and accessibility, making it an attractive option for owner-users or investors seeking a property in a high-demand corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,712 SF
Building Class
B
Year Built
1949
Price
$700,000
Price Per SF
$258.11
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,712 SF
Building FAR
0.21
Lot Size
0.29 AC
Zoning
O-2
Parking
15 Spaces (6.13 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Central Heating
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 058857980 | Improvements Assessment | $24,951 |
| Land Assessment | $6,944 | Total Assessment | $31,895 |
Property Taxes
Parcel Number
058857980
Land Assessment
$6,944
Improvements Assessment
$24,951
Total Assessment
$31,895
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