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Versatile Retail Commercial Building
For Sale
$1,200,000

3200 SE 44th Street, Oklahoma City, OK 73135

SINGLE_FAMILY - Oklahoma City, OK

Property Size8,014 SF
Lot Size0.93 Acres
Price / SF$149.74
Days on Market160

Property Features for 3200 SE 44th Street

General Information

Property type Residential
Property subtype Retail
Zoning Commercial
Accessibility Accessible Approach with Ramp
Directions Drive to SE 44th St, Destination will be on the right.
Standard status Active
APN 3200SE44th73135
Size 8,014 SF
Lot size 0.93 Acres

Building Details

Year built 1968
Floors in Building 1
Building materials Frame
Listing Agency: EXP Realty LLC (BO)
Listed By: Vanessa Johnson
Added: Feb 26 Changed: Aug 3 Last Checked: Aug 5 at 11:06PM
MLS# 1215921

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 commercial building offers a versatile interior and a sizable lot, providing flexibility for a range of commercial uses. The property includes approximately 8,014 square feet of building space on roughly 0.93 acres, with suitability for retail, showroom, warehouse, distribution, service-based businesses, owner-user occupancy, or investment purposes, as described in the public remarks.

Located at 3200 SE 44th Street in Oklahoma City, OK 73135, the building is presented as having strong visibility and prominent frontage along a major commercial corridor. The public remarks also note strong traffic counts and convenient access to major highways and surrounding business districts and residential neighborhoods. The property is zoned Commercial.

Key Highlights

  • 8,014 SF commercial building on approx. 0.93 acres
  • Built in 1968 with frame construction
  • Accessible approach with ramp

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $76.9k $9.60
− Vacancy −$2.3k −$0.29
EGI $74.6k $9.31
− OpEx −$11.2k −$1.40
NOI $63.4k $7.92
8,014 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%

Alternative Uses

Best Use
Retail
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,196 @ 7.0% cap · market cap 13.18%
Second Best
Warehouse
$906.2K
$792.9K – $1.06M (±1% cap)
NOI $63,432 @ 7.0% cap · market cap 5.29%
Theoretical Best
Specialty Retail
$2.74M
$2.40M – $3.20M (±1% cap)
NOI $191,855 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Queens Beauty Supply (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 73135, OK

21,562
Population
9,696
Households
2.2
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
11.0 sq mi
ZIP Area
1,960
Density / Sq Mi
$67,464
Median Household Income
$38,346
Median Earnings
$1,212
Median Rent
$164,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Commercial building on a large site with flexible space for retail, showroom, warehouse, distribution, and service uses.
Where is this retail space located?
The property is located at 3200 SE 44th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,014 SF commercial building on approx. 0.93 acres; Built in 1968 with frame construction; Accessible approach with ramp
More about this property
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