Turnkey Medical Clinic in
1468 N Mustang Road Mustang, OK 73064
1468 N Mustang Road, Mustang, OK, 73064
$1,800,000
For Sale
$1,800,000
Professionally designed medical clinic ready for immediate use.
Property Size7,020 SF
Price / SF$256.41
Days on Market1311
Property Features for 1468 N Mustang Road
General Information
- Standard status
- Active
- Size
- 7,020 SF
- Property subtype
- Office
Building Details
- Year Built
- 2009
Listing Agency
InterWest Realty
(405) 752-2525
Listed by
George Huffman · License #49514
(405) 752-2525
Source
Xome
Added: Dec 16, 2022 Checked: Jul 19 at 1:42 am
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 InterWest Realty
Investment Insights
Based on property information with market context.
This stand-alone 7,020 sq. ft. building is suitable for medical or dental providers. The property features two entrances and can be divided into two units. The turnkey clinic is professionally designed to optimize patient flow, starting with a large reception area. The facility includes over a dozen exam rooms, two nurses' stations, several physician offices, and a certified X-ray machine. There is also an on-site break room. The property is located just south of SW 59th Street on N Mustang Road, positioned to serve both Yukon and Mustang. It is suitable for a wide variety of medical services including clinics, physical therapy, chiropractic care, urgent care, pediatrics, dental offices, and surgery centers.
Key Highlights
- Turnkey medical/dental clinic ready for immediate use, avoiding costly buildout expenses.
- Prime location on N Mustang Road, serving both Yukon and Mustang.
- 7,020 sq. ft. stand‑alone building with two entrances, divisible into two units for flexible use.
Local Financial Insights For Office B
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 | $135.6k | $19.32 |
| − Vacancy | −$14.0k | −$1.99 |
| EGI | $121.7k | $17.33 |
| − OpEx | −$30.4k | −$4.33 |
| NOI | $91.2k | $13.00 |
7,020 SF · lease $19.32/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,243 @ 7.0% cap · market cap 5.07%
Second Best
Healthcare Medical
$1.04M
$912.4K – $1.22M
NOI $72,994 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,998 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dennis Kelly M
Employment Agency
Bourne Michelle L
Employment Agency
Acosta Jose MD
Pediatrician
Dr. Craig Rogers
Physician
Mrs. Chelsea Lowery
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Dr. Nita McNeill — 130 E State Hwy 152, Mustang, OK 73064
- Dr. Terry Wood, DVM — 400 W State Hwy 152, Mustang, OK 73064
- Dr Carissa Harold — 130 E State Hwy 152, Mustang, OK 73064
- Mustang Animal Health Clinic — 130 E State Hwy 152, Mustang, OK 73064
FAQs
What type of property is this?
Medical Office Space - Professionally designed medical clinic ready for immediate use.
Where is this medical office space located?
The property is located at 1468 N Mustang Road Mustang, OK.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Turnkey medical/dental clinic ready for immediate use, avoiding costly buildout expenses.; Prime location on N Mustang Road, serving both Yukon and Mustang.; 7,020 sq. ft. stand‑alone building with two entrances, divisible into two units for flexible use.
