Flexible-Layout Office
1045 SW 89th Street, Oklahoma City, OK 73139
For Sale
$490,000
Commercial Sale, Oklahoma City, OK
Property Size3,597 SF
Lot Size0.55 Acres
Price / SF$136.22
Days on Market94
Property Features for 1045 SW 89th Street
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Rosalia Soto · License OK #149450
(405) 361-7639
Added: Aug 9
Changed: Oct 22
Last Checked: Nov 10 at 9:06PM
MLS# 1243518
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,597-square-foot office building occupies a 0.55-acre site at 1045 SW 89th Street in Oklahoma City. Built in 1958 with brick and frame construction, the property has natural gas heat, central air, electric cooling, public water, and public sewer.
The interior is arranged into four office areas and includes private offices, restrooms, two kitchens, a kitchenette, laundry connections, and a kitchen with a serving window. One larger front area contains a reception-style office, two private offices, a bathroom, and a full kitchen. The property is currently occupied by a beauty salon and an insurance and retirement-plans business, while food-truck and kitchen equipment may be negotiated separately.
The site is positioned on SW 89th Street near highway access, shops, apartments, and other amenities. The layout is described as divisible into as many as nine separate offices, subject to buyer verification of zoning and other property information.
The interior is arranged into four office areas and includes private offices, restrooms, two kitchens, a kitchenette, laundry connections, and a kitchen with a serving window. One larger front area contains a reception-style office, two private offices, a bathroom, and a full kitchen. The property is currently occupied by a beauty salon and an insurance and retirement-plans business, while food-truck and kitchen equipment may be negotiated separately.
The site is positioned on SW 89th Street near highway access, shops, apartments, and other amenities. The layout is described as divisible into as many as nine separate offices, subject to buyer verification of zoning and other property information.
Key Highlights
- 3,597 SF office building on a 0.55‑acre site
- Commercial zoning at 1045 SW 89th Street, Oklahoma City, OK 73139
- Four existing office areas with a layout described as divisible into 9 offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,868
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,360
$437.4K
Cap Rate 7%
$312,400
$312.4K
Cap Rate 9%
$242,978
$243.0K
Market Conditions
NOI Build-Up for 3,597 SF
Gross rent
$32.4K $9.00/SF
− Vacancy
−$1.1K −$0.32/SF
EGI
$31.2K $8.69/SF
− OpEx
−$9.4K −$2.61/SF
NOI
$21.9K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,360
Cap Rate 7%
$312,400
Cap Rate 9%
$242,978
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,112 @ 7.0% cap · market cap 17.57%
Second Best
Office B
$731.1K
$639.7K – $852.9K
NOI $51,175 @ 7.0% cap · market cap 10.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Explore this area
Business Placement
Demographics for 73139, OK
18,781
Population
8,790
Households
2.1
Avg Household Size
35
Median Age
15%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
4,268
Density / Sq Mi
$47,424
Median Household Income
$34,557
Median Earnings
$946
Median Rent
$164,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Oklahoma City, OK
Properties on Market for Office buildings in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Commercially zoned office property offers multiple configurations, private restrooms, kitchens, and a serving window.
Where is this office building located?
The property is located at 1045 SW 89th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 3,597 SF office building on a 0.55‑acre site; Commercial zoning at 1045 SW 89th Street, Oklahoma City, OK 73139; Four existing office areas with a layout described as divisible into 9 offices
