Historic Office
For Sale
Contact for pricing
204 N Robinson Ave, Oklahoma City, OK 73102
Historic office building with upper-floor amenities including 24-hour security and dedicated elevator services.
Property Size12,116 SF
Price / SF$177.01
Days on Market1285
Property Features for 204 N Robinson Ave
General Information
Standard status
Active
Size
12,116 SF
Property subtype
OFFICE
Amenities
24-hour security
vaulted storage areas
dedicated elevator services
Building Details
Year Built
1931
Construction
art deco
Listing Agency:
Newmark Robinson Park | Oklahoma City
(405) 208-8636
Listed By:
Bill Cohlmia
(405) 620-1978
Source:
Moodyscre
Added: Jan 24, 2023
Changed: Jul 26
Last Checked: Aug 1 at 4:16AM
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 Newmark Robinson Park | Oklahoma City
Investment Insights
Based on property information with market context.
City Place is a historic office building formerly known as Ramsey Tower, downtown Oklahoma City’s first skyscraper, completed in 1931 with an art deco-inspired style. The property has been restored and is presented as a prominent downtown address.
Located at 204 N Robinson Ave in Oklahoma City, City Place offers upper-floor amenities and service features described in the property materials, including 24-hour security, vaulted storage areas, and dedicated elevator services. Suitable for office users seeking space within a landmark office building.
Located at 204 N Robinson Ave in Oklahoma City, City Place offers upper-floor amenities and service features described in the property materials, including 24-hour security, vaulted storage areas, and dedicated elevator services. Suitable for office users seeking space within a landmark office building.
Key Highlights
- Historic downtown Oklahoma City office building, formerly known as Ramsey Tower
- Completed in 1931 and originally recognized for modernity and art deco‑inspired style
- Upper‑floor amenities include 24‑hour security
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $302.4k | $24.96 |
| − Vacancy | −$72.6k | −$5.99 |
| EGI | $229.8k | $18.97 |
| − OpEx | −$57.5k | −$4.74 |
| NOI | $172.4k | $14.23 |
12,116 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.87M
NOI $172,377 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.14M
$3.63M – $4.83M
NOI $290,057 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,729
Businesses Nearby
Explore this area
Business Placement
Demographics for 73102, OK
3,072
Population
1,460
Households
2.1
Avg Household Size
35
Median Age
27%
College-Educated
86%
High-School Grad
0.8 sq mi
ZIP Area
3,840
Density / Sq Mi
$67,542
Median Household Income
$37,067
Median Earnings
$1,253
Median Rent
$212,500
Median Home Value
Market
Vacancy Rate% for Office in Oklahoma City, OK
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Historic office building with upper-floor amenities including 24-hour security and dedicated elevator services.
Where is this office building located?
The property is located at 204 N Robinson Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,144,600.
What are key features of this property?
This property features: Historic downtown Oklahoma City office building, formerly known as Ramsey Tower; Completed in 1931 and originally recognized for modernity and art deco‑inspired style; Upper‑floor amenities include 24‑hour security
