12260 NE 23rd St - Storefront FOR SALE


Nicoma Park, OK 73066
$1,645,000 USD
253-549-8701
12260 NE 23rd St, Nicoma Park, OK for Sale
$1,645,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

12260 NE 23rd St
Nicoma Park, OK 73066


HIGHLIGHTS

  • Exceptional Visibility on a major thoroughfare
  • mol 3.5 acres of undeveloped land
  • New Residential Developments in the area
  • Established Retail Center

OVERVIEW

This property is uniquely positioned to attract and adapt to future growth, making it a compelling investment for those looking to capitalize on Northeast Oklahoma City's commercial landscape. This property boasts prime visibility along NE 23rd Street with an impressive 884 feet of frontage, ensuring maximum exposure to high volumes of passing traffic daily. 5 AC parcel is zoned C-2 and is purposefully designed to support commercial activities. It can accommodate retail outlets, service establishments, motels, and commercial recreation. This zoning allows for personal and business services, including both new and used automobile sales and services, machinery sales and services, commercial recreation, public safety facilities, and utility services. This flexibility makes it ideal for a new owner-user or investor looking to set up a community-centric business space or private venture. The existing 16,450-square-foot shopping center remains appealing to retail tenants and local service businesses, while the adjacent 3.4 acres of undeveloped land could facilitate future expansion and is plotted with new residential homes south of the property. Schools: Part of the Choctaw School District Area Highlights and Amenities The Country Club at Choctaw Creek: A well-regarded golf and country club popular among local residents for its recreation and dining. Choctaw Walmart Supercenter: A major retail anchor drawing substantial traffic to the area, supporting local businesses. New Residential Developments: The area has seen new residential developments, indicating a growing community and a potential increase in customer base. Community and Economic Growth: Nicoma Park is experiencing a positive economic trajectory, with a projected job growth rate of 31.7% over the next decade.

FOR SALE DETAILS

PRICE

$1,645,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Community Park Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

5.02 AC

LAND SF

218,671 SF

ZONING

C-2

APN/PARCEL ID

194765015

ASK ABOUT THIS PROPERTY

Zack ConroyBANTA Property GroupMore Info
253-549-8701

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Zack ConroyBANTA Property GroupMore Info
253-549-8701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.