9218 Western AveOklahoma City, OK 73114

  • Warehouses
  • 10,398 SF
For Lease
$10/SF/YR View listing

Property Details for 9218 Western Ave

Year built
1928
Construction
WOOD FRAME
Lot size
0.56 AC
Property size (Sq ft)
10,398 SF
Property type
Warehouses
APN
13-004-8400
APU
130048400

Description

This exceptional retail investment opportunity comprises two free-standing buildings totaling 12,652 square feet, situated in Oklahoma County's thriving Britton District. The larger building offers 11,500 square feet of space, while the smaller building provides 1,152 square feet, allowing for flexibility in tenancy. Both buildings are classified as Class B and are available for sale or lease as a combined portfolio. The property boasts a prime location just off the intersection of Britton Road and Western Avenue, benefiting from high visibility and convenient access. The C-3 zoning permits a wide range of retail uses, making it ideal for diverse businesses. Adding to the property's appeal is approximately 7,000 square feet of vacant land directly north of the nearly new building, presenting potential for expansion or future development. The area is experiencing significant growth, with recent additions such as El Coyote Restaurant, Zero Tolerance Coffee House, Burger Punk, and Woodworks Distilling Company, further solidifying its position as a vibrant retail hub. The proximity to affluent neighborhoods like Nichols Hills and The Village enhances the property's desirability and potential for attracting high-quality tenants. This is a rare chance to acquire a well-positioned retail portfolio in one of Oklahoma City's fastest-growing retail corridors. The minimum divisible space is 1,152 square feet, with a maximum contiguous space of 11,500 square feet. This property offers a compelling investment opportunity for those seeking exposure to a dynamic and expanding market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $-6,353,022
    Hospitality
    $-5,819,334
    Educational
    $-4,841,618
    Medical
    $-5,008,128
    Retail
    $-7,531,405

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.564
Longitude
-97.5309
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
$3,204
$9,432
$16,657
$26,089
-
$85,750
$151,426
$237,176

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