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Renovated Office Building
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1214 N Hudson Ave, Oklahoma City, OK 73103

Open-plan workspace with elevator access, modern finishes, and abundant natural light.

Property Size11,235 SF
Price / SF$333.78
Days on Market564

Property Features for 1214 N Hudson Ave

General Information

Standard status Active
Size 11,235 SF
Elevators Yes
Property subtype OFFICE

Building Details

Year Renovated 2019
Buildings 1
Building Size 11,235 SF
Listing Agency: Wiggin Properties - OKC
Listed By: Ian Sioux
Source: Moodyscre
Added: Apr 22, 2025 Changed: Nov 3 Last Checked: Nov 4 at 1:44PM

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 Wiggin Properties - OKC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 11,235-square-foot office building received a full renovation in 2019 and includes contemporary interior finishes. An elevator connects the second floor, while large windows bring natural light into the open-plan layout. The configuration supports office or creative use and is described as move-in ready.

Situated in Midtown, the property provides convenient access to dining, shopping, and entertainment. The combination of renovated interiors, flexible open space, and vertical accessibility creates a practical setting for businesses seeking an updated commercial workspace.

Key Highlights

  • 11,235 SF office building
  • Fully renovated in 2019
  • Elevator provides access to the second floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$159,843
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,196,860 $3.2M
Cap Rate 7%
$2,283,471 $2.3M
Cap Rate 9%
$1,776,033 $1.8M
Market Conditions
NOI Build-Up for 11,235 SF
Gross rent
$280.4K $24.96/SF
− Vacancy
−$67.3K −$5.99/SF
EGI
$213.1K $18.97/SF
− OpEx
−$53.3K −$4.74/SF
NOI
$159.8K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,196,860
Cap Rate 7%
$2,283,471
Cap Rate 9%
$1,776,033

Alternative Uses

Best Use
Office B
$2.28M
$2.00M – $2.66M (±1% cap)
NOI $159,843 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.84M
$3.36M – $4.48M (±1% cap)
NOI $268,966 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Life Improvement Center Social Service Agency Waypoint Private Capital Bank Prairie Oak Partners Business Management Consultant Doris Poteet Employment Agency Linda Witherspoon Employment Agency

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Locksmith Mobile Phone Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,258
Businesses Nearby

Demographics for 73103, OK

5,046
Population
3,489
Households
1.4
Avg Household Size
34
Median Age
61%
College-Educated
99%
High-School Grad
1.2 sq mi
ZIP Area
4,205
Density / Sq Mi
$56,934
Median Household Income
$50,055
Median Earnings
$954
Median Rent
$400,400
Median Home Value

Market

Average Price Trend$/SF for Office buildings in Oklahoma City, OK

$185 Jul
$179 Aug
$184 Sep
$183 Oct

Properties on Market for Office buildings in Oklahoma City

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023
26.5% 2024
29.6% 2025

Frequently Asked Questions

What type of property is this?
Office building - Open-plan workspace with elevator access, modern finishes, and abundant natural light.
Where is this office building located?
The property is located at 1214 N Hudson Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 11,235 SF office building; Fully renovated in 2019; Elevator provides access to the second floor
(405) 659-6782 Call to check price and availability
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