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    Oklahoma City Commercial Building For Sale Title is generated by Realmo AI

    1015 N Shartel, Oklahoma City, OK 73102

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    Claim this Listing
    For Sale
    $2,000,000

    SINGLE_FAMILY - Oklahoma City, OK

    Type:Office
    Property size:
    6,000 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $333/SF
    Added:
    Mar 27, 2026
    Days on Market:
    103
    Last Refresh:
    Jul 7 at 10:06 pm

    Property Features for 1015 N Shartel

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    Commercial
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    1015NShartel73102
    Size
    6,000 SF
    Lot size
    0.45 Acres

    Building Details

    Year built
    1976

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    Contact an agent
    Kelly Heaton

    Listing agent Kelly Heaton

    Listing office LIME Realty 5909 NW Expressway, Oklahoma City, OK

    Listing date Mar 27, 2026

    MLS# 1221358

    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.

    HighLights

    • High‑traffic location with unparalleled visibility.
    • Expansive 6,000 sq ft commercial building.
    • Ideal for medical practice or restaurant.
    • Open, flexible layout.
    • Corner lot across from a major hospital.
    • Accessible approach with ramp.

    Overview

    This 6,000 sq ft commercial building is located in a high-traffic area on a 0.451-acre corner lot. The property is across the street from a major hospital. The open, flexible layout is ideally suited for a medical practice or restaurant. The property is situated in a bustling area surrounded by popular shops, dining, and amenities. The property is zoned for commercial use and is located in Oklahoma City, OK.

    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
    6,000 SF · lease $33.60/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.05M
    $1.80M – $2.39M (±1% cap)
    NOI $143,640 @ 7.0% cap · market cap 7.18%
    Second Best
    Office B
    $1.22M
    $1.07M – $1.42M (±1% cap)
    NOI $85,363 @ 7.0% cap · market cap 4.27%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Khan Mohammad Faisal ... Physician Aikaterini Thanou Physician Sarah Towry Physician Rheumatic Diseases Clinic ... Physician Serenity Med Spa ... Spa & Massage Center

    Suggested Use

    (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Mobile Phone Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Buffet (Bike/Boat/Book/etc) 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
    -97.526059
    Latitude
    35.478081

    FAQs

    What type of property is this?
    Medical Office Space - 6,000 sq ft commercial building in high-traffic area.
    Where is this medical office space located?
    The property is located at 1015 N Shartel Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: High‑traffic location with unparalleled visibility.; Expansive 6,000 sq ft commercial building.; Ideal for medical practice or restaurant.
    More about this property
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