5529 15Th StOklahoma City, OK 73115

Property Details for 5529 15Th St

Year built

2000

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.16 AC

Property size (Sq ft)

12,139 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

15-083-7285

APU

150837285

Description

Mid Del Plaza, located at 5529 SE 15th St, Oklahoma City, OK 73115, presents a prime retail investment opportunity. This single-story, 12,139 square foot strip center, built in 2000, sits on a 1.16-acre lot and offers two available suites. Each suite boasts a minimum of 1,200 square feet, with a maximum contiguous space of 1,200 square feet. Currently, 2,400 square feet are vacant, providing immediate occupancy potential. The property is conveniently located near Sooner Road in Oklahoma County. One available space is a former pet groomer location, offering a "white box" layout with a restroom and some existing plumbing. This inline space is situated within a busy retail center, ensuring high visibility and foot traffic. The property's convenient location and adaptable spaces make it ideal for a variety of retail businesses. This is an excellent opportunity to establish or expand your retail presence in a thriving Oklahoma City market. The property offers a unique blend of existing infrastructure and blank canvas potential, allowing for customization to suit specific business needs. Don't miss this chance to secure a prominent retail space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,693,818

  6.5%

  $2,486,602

  7%

  $2,308,987

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,680,622

  Geo Method

  $3,680,622

• Alternative Use

  Use

  Valuation

  Residential

  $2,097,541

  Hospitality

  $1,921,337

  Educational

  $1,598,530

  Medical

  $1,653,505

  Retail

  $2,486,602

Location Insight

City

Del City

County

Oklahoma

State

Oklahoma

Latitude

35.4502

Longitude

-97.4241

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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