Edmond Office Unit For
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1019 Waterwood Parkway D, Edmond, OK 73034
Office unit available in Edmond, Oklahoma.
Property Size1,800 SF
Price / SF$0.28
Days on Market207
Property Features for 1019 Waterwood Parkway D
General Information
Standard status
Active
Size
1,800 SF
Zoning
Other
Building Details
Year Built
1984
Listing Agency:
4Two Realty
Listed By:
Brian Coombs
(405) 816-9074
Source:
Evrealestate
Added: Mar 25
Changed: Oct 16
Last Checked: Oct 16 at 8:02AM
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 4Two Realty
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Investment Insights
Based on property information with market context.
Located in Edmond, Oklahoma, this office unit offers approximately 1800 square feet of space. The property is situated off Broadway and 2nd, accessible by heading east to Waterwood Lane, then south to the parking lot. Look for the sign indicating 1019 Waterwood Parkway and follow the parking lot around to the left to find Unit D. The property is located in Oklahoma County.
Key Highlights
- Located in Oklahoma County.
- Built in 1984.
- Unit D.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,356
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,120
$407.1K
Cap Rate 7%
$290,800
$290.8K
Cap Rate 9%
$226,178
$226.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$30.0K $16.68/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$27.1K $15.08/SF
− OpEx
−$6.8K −$3.77/SF
NOI
$20.4K $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 Rate 5%
$407,120
Cap Rate 7%
$290,800
Cap Rate 9%
$226,178
Alternative Uses
Best Use
Office B
$290.8K
$254.5K – $339.3K
NOI $20,356 @ 7.0% cap · market cap 4,071.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$374.9K
$328.0K – $437.4K
NOI $26,243 @ 7.0% cap · market cap 5,248.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,800
Businesses Nearby
Explore this area
Business Placement
Demographics for 73034, OK
47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Office unit available in Edmond, Oklahoma.
Where is this office units located?
The property is located at 1019 Waterwood Parkway D Edmond, OK.
What are key features of this property?
This property features: Located in Oklahoma County.; Built in 1984.; Unit D.
