Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    207 E Memorial Rd Oklahoma City, OK 73131

    Sponsored
    For Sale
    Contact for pricing

    SINGLE_FAMILY - Oklahoma City, OK

    Type:Office
    Property size:
    2,800 SF
    Days on Market:
    43
    Last Refresh:
    Jan 28 at 4:06 am

    Property Features for 207 E Memorial Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    APN
    207Ememorial73131
    Size
    2,800 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Well

    Building Details

    Year built
    2024
    Floors in Building
    1
    Building materials
    Brick & Frame, Steel Siding

    We can help!

    Listing Contact
    Mitra Senemar
    Mitra Senemar

    Senemar And Associates (405) 724-7003

    Listing agent Mitra Senemar (405) 834-2158

    Listing date Dec 17, 2025

    MLS# 1109089

    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.

    Learn more

    Property Insight Report

    Overview

    Prime Office Space in Oklahoma

    Located in Oklahoma City, this commercial space offers a flexible floor plan suitable for various business needs. The property, currently in white shell condition, allows for customization to meet specific requirements. It can be divided into two units, each approximately 1400 square feet, or leased as a single 2800-square-foot unit. Each unit features two entries and two exit doors, leading to an inviting entryway with vaulted ceilings, creating a statement reception area. The space is designed with easily maintained wood-look tile floors and recessed lighting throughout. Each unit is planned to include three to four offices, a break room, a small kitchen, and a bathroom. The kitchenette will have a dedicated space for a small-size refrigerator and includes a built-in microwave, sink, and storage. Situated in a popular and attractive part of Edmond, the location offers convenient access to downtown Edmond, shops, grocery stores, restaurants, and banks. It is also located a few miles from the Turnpike and Broadway extension. Ample parking is available. The property is suitable for a law office, clinic, or any professional office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.483126
    Latitude
    35.609105

    Nearby Similar for Sale

    • $304,999
      Pending

      Renovated Duplex in Central OKC

      Fully renovated duplex with modern upgrades and central location.
      2809 NW 22Nd St, Oklahoma City, OK 73107
      View Details
    • New
      $315,000
      2,880 SF

      Oklahoma City Multifamily Investment Property

      Well-maintained 4-unit property with income potential in Oklahoma City.
      1615 N Land Ave, Oklahoma City, OK 73107
      View Details
    • $220,000
      1,955 SF

      Updated Duplex in Oklahoma City

      Two dwellings, updated main house, additional rental income stream.
      3836 NW Liberty St, Oklahoma City, OK 73107
      View Details
    • New
      $400,000
      2,011 SF

      Updated Craftsman Home with Garage Apartment

      Charming updated Craftsman with detached garage apartment in Oklahoma City.
      3123 NW 17Th St, Oklahoma City, OK 73107
      View Details
    • Contact for pricing
      3,024 SF

      Oklahoma City Office Space Available

      Professional office spaces available in The Village neighborhood.
      2812 W Hefner Rd, Oklahoma City, OK 73120
      View Details
    • $170,000
      2,122 SF

      Multifamily Property with ADU Potential

      Multifamily property with additional dwelling unit near I-35.
      2325 E Madison St, Oklahoma City, OK 73111
      View Details
    • $260,000
      Pending

      Oklahoma City Duplex Investment Property

      Fully occupied duplex in Oklahoma City with active leases.
      6713 Lyrewood Ln, Oklahoma City, OK 73132
      View Details
    • New
      $580,000
      3,597 SF

      Oklahoma City Commercial Opportunity

      Commercial property on SW 89th St with high visibility.
      1045 SW 89Th St, Oklahoma City, OK 73139
      View Details
    • $299,000
      Pending

      Refurbished Duplex in Prime Location

      Turn-key duplex near OU medical, State Capitol, and downtown.
      1000 NE 19Th St, Oklahoma City, OK 73111
      View Details
    • $1,190,000
      11,948 SF

      Oklahoma City Multifamily Investment Property

      16-unit multifamily property with immediate income and long-term potential.
      1731 NW 32Nd St, Oklahoma City, OK 73118
      View Details
    • New
      $345,000
      Pending

      Remodeled Duplex: Investor's Dream

      Fully remodeled duplex in Oklahoma City with income potential.
      8404 Candlewood Dr, Oklahoma City, OK 73132
      View Details
    • New
      $290,000
      2,672 SF

      Oklahoma City Duplex For Sale

      Spacious duplex in northwest OKC, move-in ready with updated features.
      1914 N Moulton Ct, Oklahoma City, OK 73127
      View Details

    FAQs

    What type of property is this?
    Office space - Flexible office space in a desirable Edmond location.
    Where is this office space located?
    The property is located at 207 E Memorial Rd Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $5,000.
    What are key features of this property?
    This property features: - Prime Edmond location, convenient to downtown, shops, restaurants, banks, the Turnpike, and Broadway extension.; - Flexible floor plan with customizable options in a white shell space, ranging from 1400 to 2800 sq ft.; - Option to lease one or two units with two entries and exits.
    (405) 834-2158
    Request Owner's contact information
    207 E Memorial Rd Oklahoma City, OK 73131
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    207 E Memorial Rd
    Oklahoma City, OK 73131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 E Memorial Rd Oklahoma City, OK 73131
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mitra Senemar
    Mitra Senemar
    Real Estate License ID: 143837
    (405) 834-2158
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.