Remodeled Live-Work Office
1123 NW 14th Street Oklahoma City, OK 73106
1123 NW 14th Street, Oklahoma City, OK, 73106
$769,000
For Sale
$769,000
Recently remodeled live-work office currently operating as a law office, with fully fenced and gated parking.
Property Size3,802 SF
Price / SF$202.26
Days on Market65
Property Features for 1123 NW 14th Street
General Information
- Standard status
- Active
- Size
- 3,802 SF
- Property subtype
- Office
Building Details
- Year Built
- 1914
Listing Agency
RE/MAX Preferred
(405) 990-0548
Listed by
Paul Brooks · License #116430
(405) 990-0548
Source
Xome
Added: May 14 Checked: Jul 17 at 3:56 am
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
Investment Insights
Based on property information with market context.
This remodeled live-work property has been renovated head to toe and is currently configured for professional office use as a law office. The offering includes fully fenced and gated parking for occupants and clients, along with overflow parking available across the street.
The property is located near the Classen 10Penn area, with nearby dining and attractions. Access for clients is supported by the on-site fenced and gated parking setup and the nearby overflow parking across the street.
For a business owner seeking to combine workspace and personal use, the live-work configuration may offer a practical solution. The current law office setup and recent comprehensive remodeling can support continued professional office use. Buyer and buyer’s broker should verify all information, as there is no sign on the property, and showings are by appointment only—do not walk the property or enter during business hours.
The property is located near the Classen 10Penn area, with nearby dining and attractions. Access for clients is supported by the on-site fenced and gated parking setup and the nearby overflow parking across the street.
For a business owner seeking to combine workspace and personal use, the live-work configuration may offer a practical solution. The current law office setup and recent comprehensive remodeling can support continued professional office use. Buyer and buyer’s broker should verify all information, as there is no sign on the property, and showings are by appointment only—do not walk the property or enter during business hours.
Key Highlights
- Recently remodeled live‑work property currently operating as a law office
- Year built: 1914
- A/C zoned cooling and heating listed as 3
Local Financial Insights For Office B
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 | $94.9k | $24.96 |
| − Vacancy | −$22.8k | −$5.99 |
| EGI | $72.1k | $18.97 |
| − OpEx | −$18.0k | −$4.74 |
| NOI | $54.1k | $14.23 |
3,802 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$772.7K
$676.2K – $901.5K
NOI $54,092 @ 7.0% cap · market cap 7.03%
Second Best
Mixed Use
$749.5K
$655.9K – $874.5K
NOI $52,468 @ 7.0% cap · market cap 6.82%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sykes Law Office
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Recently remodeled live-work office currently operating as a law office, with fully fenced and gated parking.
Where is this live-work space 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: Recently remodeled live‑work property currently operating as a law office; Year built: 1914; A/C zoned cooling and heating listed as 3
