Two-Story Office
New
For Sale
$550,000
1261 E 33rd Street, Edmond, OK 73013
Commercial Sale, Edmond, OK
Property Size3,022 SF
Lot Size0.10 Acres
Price / SF$181
Days on Market2
Property Features for 1261 E 33rd Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Directions
CHRISTMAN PARKE AT 33RD STREET, West of Bryant on 33rd
Standard status
Active
APN
1261E33rd73013
Size
3,022 SF
Lot size
0.10 Acres
Additional Details
Property Use
Office
Condition
Built-Out
Building Details
Year built
2008
Listing Agency:
OKC Metro Group Realty
(405) 348-6700
Listed By:
Doug Arnett · License #124248
(405) 202-2002
Added: Oct 29
Last Checked: Oct 30 at 6:06AM
MLS# 1250381
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 3,022-square-foot office building, completed in 2008, features a reception area, multiple private offices, and larger rooms suited to meetings or training. A second-floor area adds workspace flexibility, while wood-look flooring, wood trim and doors, windows, and neutral wall colors define the interior. Multiple restrooms include one with accessibility features.
The property occupies a 0.1018-acre lot at 1261 E 33rd Street in Edmond, Oklahoma, and is zoned Commercial.
The property occupies a 0.1018-acre lot at 1261 E 33rd Street in Edmond, Oklahoma, and is zoned Commercial.
Key Highlights
- 3,022 square feet of office space
- Built in 2008
- Reception area, multiple private offices, and larger meeting or training rooms
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 building - An established office layout combines reception, private work areas, meeting rooms, and multiple restrooms.
Where is this office building located?
The property is located at 1261 E 33rd Street 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: 3,022 square feet of office space; Built in 2008; Reception area, multiple private offices, and larger meeting or training rooms
