1821-1823 S May Ave - Specialty FOR SALE


Oklahoma City, OK 73108- Rockwood
$1,500,000 USD
405-659-9439
1821-1823 S May Ave, Oklahoma City, OK for Sale
$1,500,000 USD
Specialty - FOR SALE
1/18
null | Request Cap Rate

1821-1823 S May Ave
Oklahoma City, OK 73108
Rockwood


HIGHLIGHTS

  • Located within an established Oklahoma City industrial corridor.
  • Frontage along South May Avenue provides direct roadway access.
  • Suitable for a variety of industrial and commercial uses.
  • Positioned near regional transportation and logistics networks.

OVERVIEW

1823 S May Ave + 1709 S May Ave | Oklahoma City, OK 3.49-Acre Industrial & Salvage Yard | Existing Salvage License Opportunity Exceptional opportunity to acquire an established salvage yard and industrial property along S May Avenue in Oklahoma City.One of the most significant features of this offering is the existing salvage license, which may be included with an acceptable offer. Oklahoma City is no longer issuing new salvage licenses, making established licensed locations a limited and valuable opportunity for salvage operators. The property consists of approximately 3.49 acres with multiple buildings providing more than 7,800 SF of workshop, garage, service, and storage space. The site is already configured for vehicle-oriented and industrial operations with an established fenced salvage yard, large gated outdoor storage areas, multiple workshop and service buildings, and wide driveways capable of accommodating cars, wreckers, trucks, trailers, and other large vehicles. For a salvage operator, the existing license is particularly significant. Purchasing another industrial property does not provide the option of simply applying for a new Oklahoma City salvage license. This creates a substantial **barrier to entry for new salvage operations** and distinguishes this property from a typical industrial or automotive facility. Located directly on S May Avenue near SW 16th Street, the property offers excellent visibility, convenient access, and a reported traffic count of approximately 12,524 vehicles per day. PROPERTY HIGHLIGHTS * Approximately 3.49 acres * 7,800+ SF*of workshop, garage, service, and storage space * Multiple industrial/service buildings * Established fenced salvage yard * Existing salvage license may be included with an acceptable offer * Oklahoma City is no longer issuing new salvage licenses * Significant barrier to entry for new salvage operations * Large fenced and gated outdoor storage areas * Wide driveways with excellent vehicle access * Accommodates wreckers, trucks, trailers, automobiles, and other large vehicles * High-visibility S May Avenue frontage * Approximately 2,524 vehicles per day * Excellent opportunity for an owner-user or investor * Potential for salvage, towing/wrecker operations, automotive service, vehicle storage, parts operations, fleet services, and other compatible industrial uses The combination of acreage, improvements, outdoor storage, S May Avenue exposure, and an existing salvage license creates a specialized Oklahoma City industrial opportunity that would be difficult to replicate. *Buyer to independently verify zoning, permitted uses, salvage license status, transfer ability, continuation requirements, and all applicable City of Oklahoma City requirements.*

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

PUD-426

APN/PARCEL ID

088538700

ASK ABOUT THIS PROPERTY

Debbie NaifehMcGraw Realtors - EdmondMore Info
405-659-9439

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Debbie NaifehMcGraw Realtors - EdmondMore Info
405-659-9439

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