Three-Level Office
For Sale
$769,000
1123 NW 14th Street, Oklahoma City, OK 73106
Commercial Sale, Oklahoma City, OK
Property Size3,802 SF
Lot Size0.16 Acres
Price / SF$202.26
Days on Market124
Property Features for 1123 NW 14th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Directions
NW 14th and Classen, west to property.
Standard status
Active
APN
1123NW14th73106
Size
3,802 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Zoned
Cooling system
Zoned
Water source
Public
Building Details
Year built
1914
Floors in Building
3
Building materials
Frame
Listing Agency:
RE/MAX Preferred · RE/MAX International
(405) 751-4848
Listed By:
Paul Brooks · License #116430
(405) 990-0548
Added: Jun 5
Changed: Oct 5
Last Checked: Oct 6 at 4:06PM
MLS# 1233289
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,802-square-foot office building contains three finished levels and is configured for law-firm use, with glass-partitioned executive suites and architectural finishes. Built in 1914, the frame structure has zoned heating and cooling and sits on a 0.161-acre lot. The property is zoned Commercial and has public water and sewer service.
A fenced, gated lot provides space for up to 10 vehicles, with additional client parking across the street. Dining and retail are within walking distance. The building is located at 1123 NW 14th Street in Oklahoma City.
A fenced, gated lot provides space for up to 10 vehicles, with additional client parking across the street. Dining and retail are within walking distance. The building is located at 1123 NW 14th Street in Oklahoma City.
Key Highlights
- 3,802‑square‑foot office building with three finished levels
- Current layout includes glass‑partitioned executive suites
- Fenced and gated lot accommodates up to 10 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,092
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,840
$1.1M
Cap Rate 7%
$772,743
$772.7K
Cap Rate 9%
$601,022
$601.0K
Market Conditions
NOI Build-Up for 3,802 SF
Gross rent
$94.9K $24.96/SF
− Vacancy
−$22.8K −$5.99/SF
EGI
$72.1K $18.97/SF
− OpEx
−$18.0K −$4.74/SF
NOI
$54.1K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,840
Cap Rate 7%
$772,743
Cap Rate 9%
$601,022
Alternative Uses
Best Use
Office B
$772.7K
$676.2K – $901.5K
NOI $54,092 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,020 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,989
Businesses Nearby
Explore this area
Business Placement
Demographics for 73106, OK
12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Oklahoma City, OK
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Glass-partitioned executive suites and zoned heating and cooling support the building’s current law-firm layout.
Where is this office building located?
The property is located at 1123 NW 14th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 3,802‑square‑foot office building with three finished levels; Current layout includes glass‑partitioned executive suites; Fenced and gated lot accommodates up to 10 vehicles
