1015 N Shartel, Oklahoma City, OK 73102
Corner-lot building across from a major hospital, offering an open layout for medical or restaurant use.
- Added:
- Feb 25, 2026
- Days on Market:
- 112
- Last Refresh:
- Jun 15 at 7:00 am
Property Features for 1015 N Shartel
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1976
Listing agent Kelly Heaton (405) 808-5265
Listing office LIME Realty (405) 808-5265
Listing date Feb 25, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LIME Realty
HighLights
- 6,000 sq ft commercial building on a corner lot across the street from a major hospital
- Open, flexible interior layout suited for a medical practice or restaurant
- Asphalt parking and concrete driveway
- 3 guest facilities
- Built in 1976
Overview
The site is located on a corner lot and sits across the street from a major hospital. This placement supports strong day-to-day visibility and convenient access for patients, staff, and visitors moving through the area. The surrounding area is described as having popular shops, dining, and other amenities, helping reinforce consistent local activity.
For a healthcare operator, the open configuration can support exam rooms, service areas, and common space planning with an efficient flow. For restaurant users, the same flexible layout offers a practical starting point for dining, ordering, and back-of-house operations subject to permitting and tenant design. With its identifiable medical-adjacent positioning and multi-use functionality, the building is well suited for buyers seeking a single structure that can align with either medical or foodservice programs.
Local Financial Insights For Specialty Retail
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 | $201.6k | $33.60 |
| − Vacancy | −$10.1k | −$1.68 |
| EGI | $191.5k | $31.92 |
| − OpEx | −$47.9k | −$7.98 |
| NOI | $143.6k | $23.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.5262458
- Latitude
- 35.478097
