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Standalone Medical Office Building

1111 SW 44th Street, Oklahoma City, OK 73109

For Sale
$280,000

Commercial Sale, Oklahoma City, OK

Property Size1,592 SF
Lot Size0.17 Acres
Price / SF$175.88
Days on Market51

Property Features for 1111 SW 44th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions From I-44, take SW 44th St. east toward S Western Ave. The property is located at 1111 SW 44th St on the north side of SW 44th St. Look for KirkAngel signage.
Standard status Active
APN 1111SW44th73109
Size 1,592 SF
Lot size 0.17 Acres

Additional Details

Property Use Medical Office
Medical Specialty optometry

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Electric
Water source Public

Building Details

Year built 1990
Floors in Building 2
Building materials Brick
Buildings 1
Listing Agency: KirkAngel, Inc.
Listed By: Aslan Maleki
Added: Sep 21 Changed: Oct 23 Last Checked: Nov 10 at 9:06PM
MLS# 1250964

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.

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Investment Insights

Based on property information with market context.

This standalone medical office contains 1,592 square feet and was built in 1990. The brick building sits on a 0.165-acre parcel, with central natural gas heating and electric cooling. Public water and sewer serve the property, and zoning is Commercial.

The Oklahoma City property has a concrete parking lot with 12 spaces. The reported daily traffic count along the corridor ranges from 16,600 to 19,268 vehicles.

Key Highlights

  • 1,592‑square‑foot standalone medical office
  • 0.165‑acre parcel; built in 1990
  • 12‑space concrete parking lot, newly striped

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,650
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,000 $453.0K
Cap Rate 7%
$323,571 $323.6K
Cap Rate 9%
$251,667 $251.7K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$39.7K $24.96/SF
− Vacancy
−$9.5K −$5.99/SF
EGI
$30.2K $18.97/SF
− OpEx
−$7.5K −$4.74/SF
NOI
$22.6K $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%
$453,000
Cap Rate 7%
$323,571
Cap Rate 9%
$251,667

Alternative Uses

Best Use
Office B
$323.6K
$283.1K – $377.5K (±1% cap)
NOI $22,650 @ 7.0% cap · market cap 8.09%
Second Best
Healthcare Medical
$321.5K
$281.3K – $375.1K (±1% cap)
NOI $22,506 @ 7.0% cap · market cap 8.04%
Theoretical Best
Specialty Retail
$544.5K
$476.4K – $635.2K (±1% cap)
NOI $38,112 @ 7.0% cap · market cap 13.61%
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

Advanced Eye Care Physician Avial animal office Government Office John Belardo MD Ophthalmologist Anibal Avila Md Physician Hanni Hagen Physician

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Big Box & Wholesale Store Law Firm Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Oklahoma City, OK

$237 Jul
$207 Aug
$168 Sep
$173 Oct

Properties on Market for Medical Office Space in Oklahoma City

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023
26.5% 2024
29.6% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - The clinical facility has a concrete parking area and public water and sewer service.
Where is this medical office space located?
The property is located at 1111 SW 44th Street 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: 1,592‑square‑foot standalone medical office; 0.165‑acre parcel; built in 1990; 12‑space concrete parking lot, newly striped
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