11650 S Broadway, Edmond, OK 73034
2400 SF shop with showroom and fenced area.
- Added:
- Nov 21, 2024
- Days on Market:
- 572
- Last Refresh:
- May 13 at 8:35 pm
Property Features for 11650 S Broadway
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 1994
Listing agent Christy Green
Listing office Green Real Estate Llc (580) 302-3210
Listing date Nov 21, 2024
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 Green Real Estate Llc
HighLights
- 2400 sqft shop (40x60') on S Broadway in Edmond
- 1200 sqft front area with heating & cooling, 2 offices, and showroom
- 1200 sqft back half with 2 half baths
- Fenced area
- Ample front parking and covered porch
- 10x12 overhead door opening to fenced area
Overview
Local Financial Insights For 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 | $40.0k | $16.68 |
| − Vacancy | −$3.8k | −$1.60 |
| EGI | $36.2k | $15.08 |
| − OpEx | −$10.9k | −$4.52 |
| NOI | $25.3k | $10.56 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- American Standard — 118 E 3rd St, Edmond, OK 73034
Location Insight
- Map
- Local Demand
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.477998
- Latitude
- 35.757933
