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    Office or Medical Use Building Title is generated by Realmo AI

    4404-4416 W Houston St, Broken Arrow, OK

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    Versatile building suitable for office or medical use.

    Type:OFFICE
    Property size:
    10,520 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $193/SF
    Added:
    Jun 20, 2024
    Days on Market:
    732
    Last Refresh:
    May 20 at 9:48 pm

    Property Features for 4404-4416 W Houston St

    General Information

    Standard status
    Active
    Size
    10,520 SF
    Lot size
    0.18 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jonathan Cowan
    Jonathan Cowan

    Listing agent Jonathan Cowan

    Listing office Legacy Commercial Property Advisors

    Listing date Jun 20, 2024

    Source Moodyscre

    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 Legacy Commercial Property Advisors

    HighLights

    • Versatile interior layout suitable for office or medical use.
    • High visibility, well‑maintained property with easy access.
    • Ample parking for staff and visitors.
    • Convenient location near major transportation routes.
    • Existing dental FF&E available.
    • Ideal for dental, orthodontic, or medical owner/user.

    Overview

    This property offers a versatile interior layout suitable for either office or medical use. The current property owner, a dentist, will vacate the premises within thirty days after closing. Existing dental furniture, fixtures, and equipment (FF&E) are available. The property is ideally suited for a dental, orthodontic, or medical owner/user. Ample parking is available for both staff and visitors. The building offers high visibility, is well-maintained, and provides easy access. Its location is convenient, with proximity to major transportation routes.

    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 $210.8k $20.04
    − Vacancy −$46.4k −$4.41
    EGI $164.4k $15.63
    − OpEx −$41.1k −$3.91
    NOI $123.3k $11.72
    10,520 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.76M
    $1.54M – $2.06M (±1% cap)
    NOI $123,330 @ 7.0% cap · market cap 6.04%
    Second Best
    Healthcare Medical
    $1.50M
    $1.32M – $1.76M (±1% cap)
    NOI $105,314 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,252 @ 7.0% cap · market cap 8.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • GenScripts Pharmacy Broken Arrow — 4666 W Houston St, Broken Arrow, OK 74012
    • Tulsa General Veterinary Hospital — 7910 S 107th E Ave, Tulsa, OK 74133

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.8482
    Latitude
    36.0468

    FAQs

    What type of property is this?
    Medical Office Space - Versatile building suitable for office or medical use.
    Where is this medical office space located?
    The property is located at 4404-4416 W Houston St Broken Arrow, OK.
    What is the asking price?
    The asking price for this property is $2,040,600.
    What are key features of this property?
    This property features: Versatile interior layout suitable for office or medical use.; High visibility, well‑maintained property with easy access.; Ample parking for staff and visitors.
    (918) 728-9672 Call to check price and availability
    More about this property
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