Office Suite with Reception
New
For Sale
$550,000
1261 E 33rd St, Edmond, OK 73013
The interior combines private work areas with larger rooms for meetings, training, or collaborative work.
Property Size3,022 SF
Price / SF$181
Days on Market4
Property Features for 1261 E 33rd St
General Information
Standard status
Active
Size
3,022 SF
Additional Details
Floor
Second Floor
Property Use
Office
Listing Agency:
OKC Metro Group Realty
(405) 348-6700
Listed By:
Doug Arnett · License #124248
(405) 202-2002
Source:
Exprealty
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 1 at 6:56AM
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 OKC Metro Group Realty
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Investment Insights
Based on property information with market context.
A reception area anchors an office layout with multiple private offices and larger rooms suited to meetings, training, or shared work. A second-floor area adds another component to the interior configuration. Finishes include wood-look flooring, wood trim and doors, windows, and neutral wall colors. Multiple restrooms are provided, including one with accessibility features.
Located at 1261 E 33rd St in Edmond, the property is arranged for professional or administrative occupancy.
Located at 1261 E 33rd St in Edmond, the property is arranged for professional or administrative occupancy.
Key Highlights
- Reception area, multiple private offices, and larger meeting or training rooms
- Second‑floor area provides additional interior space
- Multiple restrooms, including one with accessibility features
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,176
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,520
$683.5K
Cap Rate 7%
$488,229
$488.2K
Cap Rate 9%
$379,733
$379.7K
Market Conditions
NOI Build-Up for 3,022 SF
Gross rent
$50.4K $16.68/SF
− Vacancy
−$4.8K −$1.60/SF
EGI
$45.6K $15.08/SF
− OpEx
−$11.4K −$3.77/SF
NOI
$34.2K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,520
Cap Rate 7%
$488,229
Cap Rate 9%
$379,733
Alternative Uses
Best Use
Office B
$488.2K
$427.2K – $569.6K
NOI $34,176 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.4K
$550.8K – $734.3K
NOI $44,060 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
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Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The interior combines private work areas with larger rooms for meetings, training, or collaborative work.
Where is this office unit located?
The property is located at 1261 E 33rd St Edmond, OK.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Reception area, multiple private offices, and larger meeting or training rooms; Second‑floor area provides additional interior space; Multiple restrooms, including one with accessibility features
