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400 S Air Depot Blvd 1,681 SF Retail Building Oklahoma City, OK 73110 $400,000 ($237.95/SF)
Investment Highlights
- 888 sqft (MOL) of dry basement storage that is not shown on county assessor GLA
- Close proximity to Tinker air force base
- High traffic count showing over 20k vehicles per day
Executive Summary
Prime location on a major north-south arterial in the heart of Midwest City. Very high traffic counts with data showing over 20k vehicles daily. The property is just over 0.50 acre & is zoned C-3 with a special use permit for liquor sales. Great proximity to Tinker AFB. The property offers parking for over 30 vehicles, with 16 covered spaces, and an existing pole sign. The building has an existing drive-thru and the current configuration provides approximately 1126sqft MOL of sales floor, with another 180sqft MOL separated by a faux wall that, if removed, could bring the showroom area up to around 1,300sqft MOL. 2 small office areas of around 179sqft are in place, and there is a refrigeration unit that is not currently operable. As a Bonus, there is a dry basement space that is not shown on county records of 888sqft MOL, that could be utilized as a perfect back-stock room. All shelving/racking stays with the property. **Seller will consider leasing the property @ $4,500/month.**
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,681 SF
Building Class
C
Year Built
1968
Price
$400,000
Price Per SF
$237.95
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.57 AC
Zoning
C-3 SUP - Midwest City municipal zoning as C-3 with a Special Use Permit for liquor sales.
Parking
30 Spaces (17.85 Spaces per 1,000 SF Leased)
Frontage
118’ on Air Depot Blvd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 150414520 | Improvements Assessment | $32,104 |
| Land Assessment | $8,200 | Total Assessment | $40,304 |
Property Taxes
Parcel Number
150414520
Land Assessment
$8,200
Improvements Assessment
$32,104
Total Assessment
$40,304
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