Versatile Commercial Space For
1040 NE 36th St Oklahoma City, OK
For Sale
Contact for pricing
Adaptable commercial space suitable for office, medical, or retail use.
Property Size3,292 SF
Lot Size0.91 Acres
Price / SF$227.83
Days on Market464
Property Features for 1040 NE 36th St
General Information
Standard status
Active
Size
3,292 SF
Lot size
0.91 Acres
Property subtype
OFFICE
Listing Agency:
JR Fulton & Associates LLC
(405) 203-4220
Listed By:
Lester Cowden · License #040151
(405) 203-4220
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:20AM
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 JR Fulton & Associates LLC
Investment Insights
Based on property information with market context.
This versatile commercial space, currently configured as a dental office, offers adaptability for various business types, including general office, medical or dental clinics, veterinary practices, executive offices, retail stores, or hair and nail salons. The property features three executive offices, three restrooms, and several open areas. Approximately 20 parking spaces are available. The property has a size of 3292 square feet.
Key Highlights
- Versatile space ideal for office, medical, retail, or salon businesses.
- Currently a dental office, with existing infrastructure in place.
- Includes 3 executive offices.
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 | $82.2k | $24.96 |
| − Vacancy | −$19.7k | −$5.99 |
| EGI | $62.4k | $18.97 |
| − OpEx | −$15.6k | −$4.74 |
| NOI | $46.8k | $14.23 |
3,292 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$669.1K
$585.5K – $780.6K
NOI $46,836 @ 7.0% cap · market cap 6.24%
Second Best
Healthcare Medical
$664.9K
$581.8K – $775.7K
NOI $46,540 @ 7.0% cap · market cap 6.21%
Theoretical Best
Specialty Retail
$1.13M
$985.1K – $1.31M
NOI $78,810 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Adaptable commercial space suitable for office, medical, or retail use.
Where is this medical office space located?
The property is located at 1040 NE 36th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Versatile space ideal for office, medical, retail, or salon businesses.; Currently a dental office, with existing infrastructure in place.; Includes 3 executive offices.
