Three-Level Office
For Sale
$769,000
1123 NW 14th Street, Oklahoma City, OK 73106
Glass-partitioned suites and multi-zone climate control shape a functional professional workspace.
Property Size3,802 SF
Price / SF$202.26
Days on Market142
Property Features for 1123 NW 14th Street
General Information
Standard status
Active
Size
3,802 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
Commercial
Building Details
Building Size
3,802 SF
Year Built
1914
Buildings
1
Stories
3
Units
1
Listing Agency:
RE/MAX Preferred
(405) 751-4848
Listed By:
Paul Brooks · License #116430
(405) 990-0548
Source:
Brandhorstrealty
Added: Jun 5
Changed: Oct 22
Last Checked: Oct 22 at 2:32PM
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 RE/MAX Preferred
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1123 NW 14th Street in Oklahoma City, this standalone office building offers 3,802 square feet across three finished levels. Built in 1914, it is currently arranged as a law office, with glass-partitioned executive suites and multi-zone climate control. The property is zoned Commercial.
A fenced, gated lot accommodates up to 10 vehicles, with additional client parking available across the street. Dining and retail options are within walking distance.
A fenced, gated lot accommodates up to 10 vehicles, with additional client parking available across the street. Dining and retail options are within walking distance.
Key Highlights
- 3,802 square feet across three finished levels
- Standalone office building constructed in 1914
- Glass‑partitioned executive suites and multi‑zone climate control
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,092
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,840
$1.1M
Cap Rate 7%
$772,743
$772.7K
Cap Rate 9%
$601,022
$601.0K
Market Conditions
NOI Build-Up for 3,802 SF
Gross rent
$94.9K $24.96/SF
− Vacancy
−$22.8K −$5.99/SF
EGI
$72.1K $18.97/SF
− OpEx
−$18.0K −$4.74/SF
NOI
$54.1K $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%
$1,081,840
Cap Rate 7%
$772,743
Cap Rate 9%
$601,022
Alternative Uses
Best Use
Office B
$772.7K
$676.2K – $901.5K
NOI $54,092 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,020 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,989
Businesses Nearby
Explore this area
Business Placement
Demographics for 73106, OK
12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Glass-partitioned suites and multi-zone climate control shape a functional professional workspace.
Where is this office building located?
The property is located at 1123 NW 14th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 3,802 square feet across three finished levels; Standalone office building constructed in 1914; Glass‑partitioned executive suites and multi‑zone climate control
