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5920 NW 23rd St 1,935 SF Retail Building Oklahoma City, OK 73127 $550,000 ($284.24/SF) 9.16% Cap Rate
Investment Highlights
- 1,935 SF building
- Zoned C-3
- 100% Occupancy
- 9.16 Cap Rate
- Located in Oklahoma City
- Daily Traffic Count 22,896
Executive Summary
Introducing an exceptional investment opportunity in the heart of Oklahoma City. This prime property offers a well-maintained 1,935 SF building with 100% occupancy and a solid 9.16 Cap Rate. Zoned C-3, with a daily traffic count of 22,896, it's an ideal prospect for retail or restaurant ventures. Built in 1981, this space holds strong potential for a lucrative investment in the thriving Oklahoma City market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,935 SF
Building Class
B
Year Built
1981
Price
$550,000
Price Per SF
$284.24
Cap Rate
9.16%
NOI
$50,380
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.66 AC
Zoning
C-3
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
45’ on 23rd St
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 147990070 | Improvements Assessment | $14,375 |
| Land Assessment | $16,703 | Total Assessment | $31,078 |
Property Taxes
Parcel Number
147990070
Land Assessment
$16,703
Improvements Assessment
$14,375
Total Assessment
$31,078
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