Medical Office Suite with Dental
For Sale
$490,000
1212 S Air Depot Boulevard, Oklahoma City, OK 73110
Commercial Sale, Oklahoma City, OK
Property Size4,238 SF
Lot Size0.24 Acres
Price / SF$115.62
Days on Market93
Property Features for 1212 S Air Depot Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Standard status
Active
APN
1212SAirDepot17&1973110
Size
4,238 SF
Lot size
0.24 Acres
Amenities
professional storefront
signage opportunities
Building Details
Year built
1979
Listing Agency:
LIME Realty
(405) 254-6310
Listed By:
Janice Foust
(405) 394-1236
Added: Jul 25
Changed: Oct 20
Last Checked: Oct 25 at 5:06PM
MLS# 1240651
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This medical office suite encompasses 4,238 square feet within a 0.2424-acre property built in 1979. The interior includes exam and therapy rooms, private offices, and larger meeting areas that can be reconfigured for professional operations. Dental office equipment is available separately for sale or lease. Several smaller offices are currently subleased on month-to-month terms, and each suite in the property has individual ownership and separate meters.
The property is located on S. Air Depot Boulevard in Oklahoma City, between Reno Avenue and SE 15th Street. It is less than one mile from Tinker Air Force Base and Rose State College, near Town Center Plaza, with access to I-40, I-35, and Will Rogers World Airport, approximately 20 minutes away. On-site parking and storefront signage opportunities are also available.
The property is located on S. Air Depot Boulevard in Oklahoma City, between Reno Avenue and SE 15th Street. It is less than one mile from Tinker Air Force Base and Rose State College, near Town Center Plaza, with access to I-40, I-35, and Will Rogers World Airport, approximately 20 minutes away. On-site parking and storefront signage opportunities are also available.
Key Highlights
- 4,238 square feet on a 0.2424‑acre property
- Dental office equipment available for sale or lease
- Exam rooms, therapy rooms, private offices, and larger meeting areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,765
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,300
$515.3K
Cap Rate 7%
$368,071
$368.1K
Cap Rate 9%
$286,278
$286.3K
Market Conditions
NOI Build-Up for 4,238 SF
Gross rent
$38.1K $9.00/SF
− Vacancy
−$1.3K −$0.32/SF
EGI
$36.8K $8.69/SF
− OpEx
−$11.0K −$2.61/SF
NOI
$25.8K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,300
Cap Rate 7%
$368,071
Cap Rate 9%
$286,278
Alternative Uses
Best Use
Office B
$861.4K
$753.7K – $1.00M
NOI $60,295 @ 7.0% cap · market cap 12.31%
Second Best
Healthcare Medical
$855.9K
$748.9K – $998.6K
NOI $59,913 @ 7.0% cap · market cap 12.23%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,458 @ 7.0% cap · market cap 20.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73110, OK
33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Similar Off Market Nearby
- Air Depot Animal Hospital — 2109 S Air Depot Blvd, Oklahoma City, OK 73110
- Denise Fruitt, DVM — 1215 E Lockheed Dr, Midwest City, OK 73110
- Midwest Veterinary Hospital — 720 S Air Depot Blvd, Oklahoma City, OK 73110
- Acree Troy DVM — 720 S Air Depot Blvd, Oklahoma City, OK 73110
- Holland Jennifer DVM — 720 S Air Depot Blvd, Oklahoma City, OK 73110
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with exam rooms, offices, and larger meeting areas for adaptable professional use.
Where is this medical office space located?
The property is located at 1212 S Air Depot Boulevard Oklahoma City, OK.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 4,238 square feet on a 0.2424‑acre property; Dental office equipment available for sale or lease; Exam rooms, therapy rooms, private offices, and larger meeting areas
