Office Building with
New
For Sale
$735,000
2933 S Bryant Avenue, Edmond, OK 73013
Commercial Sale, Edmond, OK
Property Size5,106 SF
Lot Size0.55 Acres
Price / SF$143.95
Days on Market7
Property Features for 2933 S Bryant Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Standard status
Active
APN
2933SBryant73013
Size
5,106 SF
Lot size
0.55 Acres
Utilities
Heating system
Natural Gas
Cooling system
Central Air, Electric
Amenities
conference room
workroom
break room
server room
patio
garage
Building Details
Year built
2004
Floors in Building
2
Listing Agency:
ERA Courtyard Real Estate · ERA Real Estate
(405) 720-7400
Listed By:
Kevin Logan
(405) 213-7753
Added: Aug 16
Changed: Aug 20
Last Checked: Aug 22 at 3:06AM
MLS# 1244775
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 5,106-square-foot office building, constructed in 2004, is arranged for professional operations with 11 offices, a conference room, workroom, break room, and a second-floor server room with additional cooling. A landscaped patio provides outdoor amenity space, while the property also includes a small garage and on-site parking. Furniture may remain with the sale, and Common Lot A and Common Lot B convey with the property.
Located at 2933 S Bryant Avenue in Edmond, Oklahoma, the property is zoned Commercial and occupies 0.55 acres. Heating is provided by natural gas, with central air and electric cooling. The configuration combines dedicated work areas, meeting space, storage, and outdoor space within an established office setting.
Located at 2933 S Bryant Avenue in Edmond, Oklahoma, the property is zoned Commercial and occupies 0.55 acres. Heating is provided by natural gas, with central air and electric cooling. The configuration combines dedicated work areas, meeting space, storage, and outdoor space within an established office setting.
Key Highlights
- 5,106 SF office building on 0.55 acres
- 11 offices plus a conference room, workroom, and break room
- Second‑floor server room with additional cooling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,744
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,154,880
$1.2M
Cap Rate 7%
$824,914
$824.9K
Cap Rate 9%
$641,600
$641.6K
Market Conditions
NOI Build-Up for 5,106 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$85.2K $16.68/SF
− Vacancy
−$8.2K −$1.60/SF
EGI
$77.0K $15.08/SF
− OpEx
−$19.2K −$3.77/SF
NOI
$57.7K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,154,880
Cap Rate 7%
$824,914
Cap Rate 9%
$641,600
Alternative Uses
Best Use
Office B
$824.9K
$721.8K – $962.4K
NOI $57,744 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$930.6K – $1.24M
NOI $74,444 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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 - Commercial-zoned office property with multiple private offices, meeting space, parking, and additional storage.
Where is this office building located?
The property is located at 2933 S Bryant Avenue Edmond, OK.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 5,106 SF office building on 0.55 acres; 11 offices plus a conference room, workroom, and break room; Second‑floor server room with additional cooling
