5519 15Th StDel City, OK 73110

  • Automotive properties
  • 12,962 SF

Property Details for 5519 15Th St

Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.02 AC
Property size (Sq ft)
12,962 SF
Property type
Automotive properties
APN
15-083-7365
APU
150837365

Description

This exceptional retail property, located at 5519 SE 15th St in Del City, Oklahoma, offers 11,700 square feet of space currently available for lease or build-to-suit development. The property is divided into two suites, with a minimum divisible space of 2,300 square feet and a maximum contiguous space of 9,400 square feet. Its prime location in Oklahoma County, zip code 73110, boasts a strong demographic profile, with over 134,000 people residing within a 5-mile radius. This ensures high visibility and significant potential for customer traffic. The property benefits from its proximity to major national retailers, including a Walmart Supercenter (just 0.10 miles away, and a top performer in the state), Starbucks, and Chick-fil-A. This strategic positioning within a thriving commercial area creates an ideal environment for businesses seeking high foot traffic and a robust customer base. The property is classified as both retail and land, offering flexibility for various business needs. This presents a unique opportunity for businesses seeking a well-located, high-visibility space in a densely populated area with established national brand neighbors. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,879,506
    6.5%
    $2,658,005
    7%
    $2,468,148
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,930,161
    Geo Method
    $3,930,161
  • Alternative Use

    Use
    Valuation
    Residential
    $2,242,127
    Hospitality
    $2,053,776
    Educational
    $1,708,718
    Medical
    $1,767,483
    Retail
    $2,658,005

Location Insight

City
Del City
County
Oklahoma
State
Oklahoma
Latitude
35.4502
Longitude
-97.4248
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
$6,981
$19,899
$42,173
$62,072
-
$180,900
$383,399
$564,299

FAQs

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