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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 +/- 2.30-acre property has prime frontage on Highway 62, offering excellent visibility and accessibility. Located northeast of Midwest City, this site is en route to Nicoma Park.
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. Great 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 flex-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. Great 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 flex-industrial market.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
$157.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.50 AC
Zoning
C-3 & R-6 - Commercial
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Frontage
60’ on 23rd St
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 156202970 | Improvements Assessment | $0 (2024) |
| Land Assessment | $95,832 (2024) | Total Assessment | $95,832 (2024) |
PROPERTY TAXES
Parcel Number
156202970
Land Assessment
$95,832 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$95,832 (2024)
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