For-Sale Office
1202 Brookview Drive Ardmore, OK 73401
1202 Brookview Drive, Ardmore, OK, 73401
$2,400,000
For Sale
$2,400,000
For-sale office building in Carter County with guidance to reach the property via Brookview Drive.
Property Size8,108 SF
Price / SF$296
Days on Market279
Property Features for 1202 Brookview Drive
General Information
- Standard status
- Active
- Size
- 8,108 SF
Building Details
- Year Built
- 2004
Listing agency
Claudia & Carolyn Realty Group
(580) 504-8070
Listed by
Todd Yeager
(580) 504-8070
Source
Evrealestate
Added: Oct 16, 2025 Updated: Jul 21 at 7:20AM Checked: Jul 21 at 7:20AM
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 Claudia & Carolyn Realty Group
Investment Insights
Based on property information with market context.
This for-sale office building includes approximately 8,108 square feet of space at 1202 Brookview Drive in Ardmore, Oklahoma, within Carter County.
From the intersection of Commerce Street and 12th Avenue, travel west to Brookview Drive, then turn north to reach the property.
From the intersection of Commerce Street and 12th Avenue, travel west to Brookview Drive, then turn north to reach the property.
Key Highlights
- For‑sale office building in Carter County (Carter Parish)
- Natural Gas heating
- Interior features include ceiling fans and other features
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 | $175.1k | $21.60 |
| − Vacancy | −$31.5k | −$3.89 |
| EGI | $143.6k | $17.71 |
| − OpEx | −$35.9k | −$4.43 |
| NOI | $107.7k | $13.28 |
8,108 SF · lease $21.60/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $107,707 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,555 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Iglesia Adventista del ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For-sale office building in Carter County with guidance to reach the property via Brookview Drive.
Where is this office building located?
The property is located at 1202 Brookview Drive Ardmore, OK.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: For‑sale office building in Carter County (Carter Parish); Natural Gas heating; Interior features include ceiling fans and other features
