7505 15Th StMidwest City, OK 73110

Property Details for 7505 15Th St

Year built

1959

Lot size

2.47 AC

Property size (Sq ft)

10,067 SF

Property type

Retail properties

Property subtype

Strip malls

APN

21-510-1000

APU

215101000

Description

Uptown Plaza offers exceptional retail leasing opportunities in a highly visible location. This Class B property, built in 1959, comprises two buildings and features multiple tenancies, with spaces ranging from a minimum of 664 square feet to a maximum contiguous space of 15,265 square feet. The property boasts ample parking, a significant advantage for customers and employees. Its strategic location on a hard corner ensures excellent visibility for businesses seeking high foot traffic. Note that the bay dimensions are irregular. Daily traffic counts on Southeast 15th Street reach 18,752 vehicles, underscoring the substantial potential for customer reach. This established retail center presents a unique chance to establish or expand a business in a well-positioned, accessible location with a proven track record. The property's age reflects its established presence within the community, offering a blend of character and opportunity. The flexible space options cater to a variety of business needs and sizes, making it an ideal location for diverse retail ventures. Interested parties are encouraged to inquire about available space and lease terms. The property's established infrastructure and high visibility make it a compelling investment for businesses seeking a strong foothold in a busy commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,099,018

  6.5%

  $1,937,555

  7%

  $1,799,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,052,379

  Geo Method

  $3,052,379

• Alternative Use

  Use

  Valuation

  Residential

  $1,634,400

  Hospitality

  $1,497,102

  Educational

  $1,245,571

  Medical

  $1,288,408

  Retail

  $1,937,555

Location Insight

City

Midwest City

County

Oklahoma

State

Oklahoma

Latitude

35.4504

Longitude

-97.3914

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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