1304 23Rd StOklahoma City, OK 73106

  • Retail space
  • 3,768 SF
For Lease
$10/SF/YR View listing

Property Details for 1304 23Rd St

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
3,768 SF
Property type
Retail space
APN
04-500-0918
APU
45000918

Description

This freestanding retail building, located at 1304 NW 23rd St in Oklahoma City, OK, offers 3,768 square feet of space in a high-traffic area. Built in 1956, this single-story, Class C building sits on 0.17 acres and features an open floor plan, ideal for a variety of retail uses. The property includes two offices, a storage area, and one ADA-compliant restroom. Its previous use was as a fashion sports and uniform store. The zoning is C-3. This central location provides easy access to major thoroughfares including I-235, I-44, and I-40, placing it within close proximity to Midtown, Downtown, and several vibrant districts such as the Asian District, Paseo Arts District, Plaza District, and Uptown 23rd. Its advantageous position near NW 23rd and Classen Blvd ensures high visibility and accessibility. Furthermore, its proximity to the State Capitol and Oklahoma City University adds to its appeal. This property presents a unique opportunity for businesses seeking a well-located, adaptable retail space in a thriving Oklahoma City neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $931,141
    6.5%
    $859,515
    7%
    $798,121
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,142,482
    Geo Method
    $1,142,482
  • Alternative Use

    Use
    Valuation
    Residential
    $725,033
    Hospitality
    $664,126
    Educational
    $552,545
    Medical
    $571,548
    Retail
    $859,515
1304 23Rd St, Oklahoma City, Oklahoma

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.493
Longitude
-97.533
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
$3,658
$5,063
$24,724
$29,787
-
$57,640
$281,484
$339,124

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