6205 15Th StMidwest City, OK 73110

  • Strip malls
  • 5,208 SF
For Lease
$25/SF/YR View listing

Property Details for 6205 15Th St

Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.09 AC
Property size (Sq ft)
5,208 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
15-020-7755
APU
150207755

Description

This exceptional 5,208 square foot retail space is ideally situated at 6205 S.E. 15th Street in Midwest City, Oklahoma, within the 73110 zip code. Built in 2011, the property boasts a C-3 zoning classification, offering significant flexibility for a variety of retail uses. The single-tenant building enjoys excellent visibility and accessibility from 15th Street, ensuring high traffic exposure. The location benefits from its proximity to major thoroughfares, including easy access to I-40, providing convenient access for customers and employees. This strategic location places the property in close proximity to a strong concentration of national retailers, including a Walmart Supercenter, Chick-fil-A, Academy Sports + Outdoors, Burlington, and Home Depot, creating a vibrant and high-traffic retail environment. The property presents a compelling opportunity for businesses seeking a well-established location within a thriving commercial corridor. The building's 2011 construction ensures modern amenities and efficient space utilization. This single-tenant occupancy provides a unique opportunity for a business to establish a strong presence in a high-demand area. Interested parties are encouraged to inquire for further details and to explore the potential of this exceptional retail space. Oklahoma County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,143,987
    6.5%
    $1,055,988
    7%
    $980,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,579,099
    Geo Method
    $1,579,099
  • Alternative Use

    Use
    Valuation
    Residential
    $890,765
    Hospitality
    $815,936
    Educational
    $678,849
    Medical
    $702,196
    Retail
    $1,055,988
6205 15Th St, Midwest City, Oklahoma

Location Insight

City
Midwest City
County
Oklahoma
State
Oklahoma
Latitude
35.4502
Longitude
-97.4155
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,569
$22,766
$33,039
$55,805
-
$212,724
$308,720
$521,444

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