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1475 S Sunnylane Rd 1,776 SF Retail Building Oklahoma City, OK 73115 $249,500 ($140.48/SF)
Investment Highlights
- Large lot, 1.56 acres MOL
- Ground lease income of $400.00/month per the Seller
- Very close proximity to I-40
Executive Summary
This offering features 1.56 acres MOL of land including approximately 263' of frontage on S. Sunnylane Rd with 2 curb-cuts and a 1776sqft building that was at one time a former pizza chain restaurant. Del City zoning is Arterial-Commercial which allows for numerous uses. The Seller states that the water/ice business/building on the North end of the parcel is on a ground lease, month to month paying $400.00/month. (Building & business not included in the offering). The property is approximately 1,200FT from Interstate 40 with East & West bound on/off ramps, and sits on a major N/S corridor with over 13,000 daily vehicle count. This might be an ideal property to remodel and start your own business, or it could be a perfect redevelopment opportunity.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
1,776 SF
Building Class
C
Year Built
1970
Price
$249,500
Price Per SF
$140.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.56 AC
Zoning
Commercial - Arterial-Commercial
Parking
20 Spaces (11.26 Spaces per 1,000 SF Leased)
Frontage
263’ on Sunnylane Rd
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 153992810 | Improvements Assessment | $6,497 |
| Land Assessment | $10,326 | Total Assessment | $16,823 |
Property Taxes
Parcel Number
153992810
Land Assessment
$10,326
Improvements Assessment
$6,497
Total Assessment
$16,823
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