Medical Office with Paved
For Sale
$280,000
1111 SW 44th St, Oklahoma City, OK 73109
The former eye-care practice has an established office arrangement and paved parking.
Property Size1,745 SF
Price / SF$160.46
Days on Market17
Property Features for 1111 SW 44th St
General Information
Standard status
Active
Size
1,745 SF
Property subtype
Commercial Building
Additional Details
Asking Price
$280,000
Amenities
Lot Size Square Feet: 7200
Asphalt Roof
Sewer Type: Municipal
Total Taxes: $2,357, Tax Year: 2025, Percentage of Tax that is Deductable: 0
Carpet Floor, Vinyl Floor
Has Central AC: 1
Forced Air Heating, Hot Water Heating, AC Zones: 1, Natural Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-09-21
Building Style: Walk-up, One Story, Built in 1990
Neighborhood Name: Watchful Eyes
Property Zone Type: 200, Above Area Square Feet: 1745, Business Complex Name: Advanced Eye Center, Street View
Near Bus, Handicap Features
Water Source: Municipal, Natural Gas Available, Utilities: 1
Construction Type: Masonry - Brick, Patio, Open Porch, Covered Porch
Alarm
Brick Siding
Building Details
Year Built
1990
Buildings
1
Building Size
1,745 SF
Listing Agency:
KirkAngel LLC
Listed By:
Robert Angelo · License #158664
(405) 208-7802
Source:
Doyle-realty
Added: Sep 21
Changed: Oct 6
Last Checked: Oct 7 at 12:56PM
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 KirkAngel LLC
Investment Insights
Based on property information with market context.
This 1,745-square-foot medical office was built in 1990 and previously housed an optometry practice. Its existing office configuration and paved parking are in place at 1111 SW 44th St in Oklahoma City.
The property fronts the SW 44th corridor, where reported traffic counts range from approximately 16,600 to 19,268 vehicles per day. Nearby medical uses are also present.
The property fronts the SW 44th corridor, where reported traffic counts range from approximately 16,600 to 19,268 vehicles per day. Nearby medical uses are also present.
Key Highlights
- 1,745‑square‑foot medical office building
- Previously operated as an optometry practice
- Built in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,826
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,520
$496.5K
Cap Rate 7%
$354,657
$354.7K
Cap Rate 9%
$275,844
$275.8K
Market Conditions
NOI Build-Up for 1,745 SF
Gross rent
$43.6K $24.96/SF
− Vacancy
−$10.5K −$5.99/SF
EGI
$33.1K $18.97/SF
− OpEx
−$8.3K −$4.74/SF
NOI
$24.8K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,520
Cap Rate 7%
$354,657
Cap Rate 9%
$275,844
Alternative Uses
Best Use
Office B
$354.7K
$310.3K – $413.8K
NOI $24,826 @ 7.0% cap · market cap 8.87%
Second Best
Healthcare Medical
$352.4K
$308.4K – $411.2K
NOI $24,669 @ 7.0% cap · market cap 8.81%
Theoretical Best
Specialty Retail
$596.8K
$522.2K – $696.3K
NOI $41,775 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73109, OK
20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The former eye-care practice has an established office arrangement and paved parking.
Where is this medical office space located?
The property is located at 1111 SW 44th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,745‑square‑foot medical office building; Previously operated as an optometry practice; Built in 1990
