Condo Office
For Sale
Contact for pricing
307 E Danforth Rd, Edmond, OK 73034
Condo office unit with ample parking and a professionally managed POA, centrally located within Edmond.
Property Size3,143 SF
Price / SF$180
Days on Market487
Property Features for 307 E Danforth Rd
General Information
Standard status
Active
Size
3,143 SF
Property subtype
OFFICE
Listing Agency:
Fleske Commercial Group
(405) 701-3505
Listed By:
Shonda Mobley · License #153109
(405) 625-7065
Source:
Moodyscre
Added: Jun 9, 2025
Changed: Jul 21
Last Checked: Oct 7 at 2:20PM
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 Fleske Commercial Group
Investment Insights
Based on property information with market context.
This large office condo offers a substantial indoor footprint within a professionally managed POA. The property is described as having a beautiful exterior facade and ample parking to support tenant and visitor access.
The building is centrally located within Edmond, Oklahoma, and is offered for sale.
The unit’s size is listed as 3,143 square feet.
The building is centrally located within Edmond, Oklahoma, and is offered for sale.
The unit’s size is listed as 3,143 square feet.
Key Highlights
- Large size condo office unit
- Ample parking
- Beautiful exterior facade
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,544
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,880
$710.9K
Cap Rate 7%
$507,771
$507.8K
Cap Rate 9%
$394,933
$394.9K
Market Conditions
NOI Build-Up for 3,143 SF
Gross rent
$52.4K $16.68/SF
− Vacancy
−$5.0K −$1.60/SF
EGI
$47.4K $15.08/SF
− OpEx
−$11.8K −$3.77/SF
NOI
$35.5K $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%
$710,880
Cap Rate 7%
$507,771
Cap Rate 9%
$394,933
Alternative Uses
Best Use
Office B
$507.8K
$444.3K – $592.4K
NOI $35,544 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$654.6K
$572.8K – $763.7K
NOI $45,824 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
Demographics for 73034, OK
47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Condo office unit with ample parking and a professionally managed POA, centrally located within Edmond.
Where is this office units located?
The property is located at 307 E Danforth Rd Edmond, OK.
What is the asking price?
The asking price for this property is $565,740.
What are key features of this property?
This property features: Large size condo office unit; Ample parking; Beautiful exterior facade
