Retail and Office
1113 NW 50TH ST Oklahoma City, OK 73109
For Sale
Contact for pricing
Single property positioned for retail, service, or office use along a high-activity inner-loop corridor.
Property Size2,712 SF
Price / SF$258.11
Days on Market107
Property Features for 1113 NW 50TH ST
General Information
- Standard status
- Active
- Size
- 2,712 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1949
Listing Agency:
Price Edwards & Company Oklahoma City
(405) 657-7800
Listed By:
George Williams, CCIM · License #OK OK
Source:
Crexi
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 23 at 12:21PM
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 & Company Oklahoma City
Investment Insights
Based on property information with market context.
1113 NW 50th Street is a retail and office-oriented property offered for sale, situated along NW 50th Street between Classen Boulevard and Western Avenue. The building is described as an investment opportunity in Oklahoma City’s established Helm Farm neighborhood and is positioned for occupants seeking retail, service, or office use.
The property is reported to provide direct access to the Penn Square trade area, with steady daytime traffic and proximity to major employers. Surrounding context noted in the remarks includes national tenants, destination retail, and new mixed-use development.
This offering is presented as a flexible-use asset for tenants or investors looking to operate retail, service, or office concepts within the inner-loop corridor.
The property is reported to provide direct access to the Penn Square trade area, with steady daytime traffic and proximity to major employers. Surrounding context noted in the remarks includes national tenants, destination retail, and new mixed-use development.
This offering is presented as a flexible-use asset for tenants or investors looking to operate retail, service, or office concepts within the inner-loop corridor.
Key Highlights
- Built in 1949
- Single property positioned for retail, service, or office use
- Located on NW 50th Street between Classen Boulevard and Western Avenue in the Helm Farm neighborhood
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LW Esthetics
Hair Salon
Cameo Salon & Spa
Hair Salon
FAQs
What type of property is this?
Retail space - Single property positioned for retail, service, or office use along a high-activity inner-loop corridor.
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: Built in 1949; Single property positioned for retail, service, or office use; Located on NW 50th Street between Classen Boulevard and Western Avenue in the Helm Farm neighborhood
