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    3317 E. Memorial Road Edmond, OK 73013

    Source: https://www.naisullivangroup.com
    For Sale
    $1,400,000

    9,603 SF Office Building, Edmond, OK. Value-Add Opportunity.

    Property size:
    9,603 SF

    Description

    Added:
    Apr 1, 2025
    Days on Market:
    250
    Exceptional investment opportunity in Edmond, Oklahoma! This 9,603 square foot office building sits on 0.86 acres of land at 3317 E. Memorial Road, Edmond, OK 73013. Currently 50% occupied, generating $96,000 in annual gross income, this property presents a significant value-add potential. The building is zoned PUD-455, O-1. The first floor is fully occupied by two tenants: Swift Physical Therapy and Oklahoma Quarter Horse Racing, each with multiple offices, reception areas, and common spaces. The second floor offers 3,600 square feet of vacant space, divisible into two 1,800 square foot suites (Suite 201 and Suite 202), or can be leased as a single large unit. Second floor features include eight large private offices, wood floors, built-in workstations in four offices, abundant natural light, a large break room with a full kitchen, and two ADA-compliant restrooms. Lease price is $14.00 per square foot, full service. The asking price for the entire building is $1,400,000. This property is ideal for investors seeking a strong return on investment through lease-up and potential renovations. Don't miss this chance to acquire a prime commercial property in a thriving Edmond location.

    Property Features for 3317 E. Memorial Road

    General Information

    Property type
    Other office properties
    Investment Type
    value-add
    Square Feet
    9,603 SF
    Price / Square Foot
    $145
    Elevators
    N/A
    Net Rentable
    9,603 SF
    Lot Size
    37,462 SF
    Occupancy
    50%
    Net Operating Income
    $96,000

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Prime Edmond location on Memorial Road.
    • 9,603 sq ft office building, offering value‑add potential.
    • $1,400,000 sale price; $14/SF full‑service lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Holly Jones Piano Musician Elevate Orthotics and Prosthetics Orthotics & Prosthetics Service Elizabeth Counselor Oklahoma Quarter Horse ... Non-Profit Organization A Brooks Physical Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    State
    Oklahoma
    Longitude
    -97.455154
    Latitude
    35.609509

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    FAQs

    What type of property is this?
    Office property - 9,603 SF Office Building, Edmond, OK. Value-Add Opportunity.
    Where is this office property located?
    The property is located at 3317 E. Memorial Road Edmond, OK.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Prime Edmond location on Memorial Road.; 9,603 sq ft office building, offering value-add potential.; $1,400,000 sale price; $14/SF full-service lease.
    (760) 889-2305
    Request Owner's contact information
    3317 E. Memorial Road Edmond, OK 73013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3317 E. Memorial Road Edmond, OK 73013
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