Flexible Office and Retail
For Sale
Contact for pricing
1113 NW 50th St, Oklahoma City, OK 73118
Mixed-use building suited for retail, service, or professional office use, with private parking lot access.
Property Size2,712 SF
Price / SF$258.11
Days on Market114
Property Features for 1113 NW 50th St
General Information
Standard status
Active
Size
2,712 SF
Property subtype
RETAIL
Additional Details
Business Included
No
Amenities
private parking lot
Listing Agency:
Price Edwards and Company - Oklahoma City
(405) 657-7800
Listed By:
George Williams · License #OK 078872
(405) 657-7800
Source:
Moodyscre
Added: Apr 9
Changed: Jul 28
Last Checked: Jul 28 at 8:38PM
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
This property is suitable for retail, service, or professional office use. The building offers a flexible setup for a range of day-to-day commercial operations, supported by a private parking lot.
Located at 1113 NW 50th St in Oklahoma City, the property is one mile east of Penn Square Mall and the OAK Development. The surrounding daytime workforce population is listed as 18,300+.
Offered for sale, this is a compact commercial asset with private parking and multi-use adaptability for qualifying tenants seeking an office or storefront configuration.
Located at 1113 NW 50th St in Oklahoma City, the property is one mile east of Penn Square Mall and the OAK Development. The surrounding daytime workforce population is listed as 18,300+.
Offered for sale, this is a compact commercial asset with private parking and multi-use adaptability for qualifying tenants seeking an office or storefront configuration.
Key Highlights
- Suitable for retail, service, or professional office use
- Mixed‑use building with private parking lot
- Located one mile east of Penn Square Mall and the OAK Development
Financial Insights For Retail
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 | $81.4k | $30.00 |
| − Vacancy | −$4.9k | −$1.80 |
| EGI | $76.5k | $28.20 |
| − OpEx | −$22.9k | −$8.46 |
| NOI | $53.5k | $19.74 |
2,712 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$764.8K
$669.2K – $892.3K
NOI $53,535 @ 7.0% cap · market cap 7.65%
Second Best
Office B
$551.2K
$482.3K – $643.1K
NOI $38,584 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$927.5K
$811.6K – $1.08M
NOI $64,925 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
Explore this area
Business Placement
Demographics for 73118, OK
13,521
Population
7,856
Households
1.7
Avg Household Size
37
Median Age
49%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
2,817
Density / Sq Mi
$69,321
Median Household Income
$45,494
Median Earnings
$1,064
Median Rent
$252,500
Median Home Value
Market
Vacancy Rate% for Office in Oklahoma City, OK
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Mixed-use building suited for retail, service, or professional office use, with private parking lot access.
Where is this retail space located?
The property is located at 1113 NW 50th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Suitable for retail, service, or professional office use; Mixed‑use building with private parking lot; Located one mile east of Penn Square Mall and the OAK Development
