Medical Office with Paved
For Sale
$280,000
1111 SW 44th St, Oklahoma City, OK 73109
Commercial Sale, Oklahoma City, OK
Property Size1,745 SF
Lot Size0.17 Acres
Price / SF$160.46
Days on Market15
Property Features for 1111 SW 44th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Security features
Security System
Patio and Porch features
Porch, Patio
Subdivision
Watchful Eyes
Directions
3 property NW corner of SW 44th St and S Douglas Ave
Standard status
Active
Size
1,745 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2357
Utilities
Heating system
Natural Gas, Zoned, Hot Water(Heating), Forced Air
Water source
Public
Building Details
Year built
1990
Floors in Building
1
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
KirkAngel LLC
(405) 208-7802
Listed By:
Robert Angelo · License #158664
(405) 308-1555
Added: Sep 21
Changed: Oct 1
Last Checked: Oct 5 at 4:06PM
MLS# 12007231
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,745-square-foot medical office building in Oklahoma City was built in 1990 and previously housed an optometry practice. Brick construction, carpet and vinyl flooring, zoned heating, and a mix of natural gas, hot water, and forced-air systems serve the interior. Public water and an asphalt roof are also present, along with a porch and patio. The parcel encompasses 0.1653 acres and includes paved parking.
The property fronts SW 44th Street, where reported daily traffic ranges from 16,600 to 19,268 vehicles. Other medical uses are nearby. Its existing office configuration and former eye-care use are central physical attributes of the building.
The property fronts SW 44th Street, where reported daily traffic ranges from 16,600 to 19,268 vehicles. Other medical uses are nearby. Its existing office configuration and former eye-care use are central physical attributes of the building.
Key Highlights
- 1,745‑square‑foot medical office building
- 0.1653‑acre parcel with paved parking
- Previously used as an optometry practice
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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Current Use
Lease Details
Turnkey business
Opportunity
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 - Previously configured for an optometry practice, the office occupies a corridor with nearby medical uses.
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; 0.1653‑acre parcel with paved parking; Previously used as an optometry practice
