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Listed by Tiffany M Elcyzyn • Realty of America LLC
$ 950,000
Est. payment /mo
Pending
102104 NW 16th ST Newcastle, OK 73065
8,735 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 8,735 sqft
Price per Sqft $108
MLS Listing ID OKC1223990
Construction Status Frame,Metal Siding
Year Built 1979
Annual Tax Amount $990
Lot Size 1.530 Acres
Acres 2.15
Property Sub-Type Investment
Property Description
ASSEMBLAGE OF PREMIUM CORNER IS POSSIBLE. The entire corner has listed parcels for sale. Investment Portfolio Overview – Newcastle, Oklahoma. This two-building commercial portfolio offers investors a stable, income-producing asset in the growing Newcastle submarket, strategically positioned between Norman and South Oklahoma City. With a mix of Triple Net (NNN) and Modified Gross leases, the portfolio delivers both consistent returns and balanced exposure across two established tenants with long-term operational histories. On-site businesses w/(optional) standing leases to include: A Licensed Daycare Facility(2980SF): Fully compliant and operating with strong community demand, this daycare is well-established & equipped with classrooms, outdoor play areas, and secure entry points. Granite Manufacturing Business(1225SF Office, 4600SF Warehouse): Featuring ample workspace, specialized equipment, and efficient layout, this business serves both residential & commercial clients with a proven track record and growth potential. Additional highlights. Acreage included, allowing room for future expansion, storage, or additional development. Convenient access to major roadways, with ample parking & gated drive. Whether you're looking to expand your portfolio or establish your presence in a growing area, this is a rare opportunity to own a multi-stream income property with immediate returns. Serious inquiries only. Financials and lease details available upon signing an NDA. For an investor-developer, this asset represents a rare hybrid — a property that produces reliable current income while sitting squarely in the path of major infrastructure and institutional expansion. As the new turnpike and the Indian Nation Hospital open, this corridor will transition from local service retail to a regional commercial hub. Owning this portfolio today positions a buyer to capture the upside of tomorrow's Newcastle — whether through redevelopment, repositioning, or long-term appreciation.
Location
State OK
County Mcclain
Zoning Commercial
Interior
Fireplace N
Exterior
Parking Features Asphalt
Garage Description Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Metal Siding
Construction Status Frame,Metal Siding
Others
Miscellaneous Shop,Workshop
