New Construction Office
For Sale
Contact for pricing
13700 S Western Ave, Oklahoma City, OK 73170
Recently constructed office property with ample parking.
Property Size10,263 SF
Price / SF$233.85
Days on Market163
Property Features for 13700 S Western Ave
General Information
Standard status
Active
Size
10,263 SF
Property subtype
OFFICE
Listing Agency:
Creek Price Edwards and Company - Oklahoma City
(405) 843-7474
Listed By:
Corry Mazza
(405) 845-5101
Source:
Moodyscre
Added: May 8
Changed: Oct 14
Last Checked: Oct 16 at 6:14AM
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 Creek Price Edwards and Company - Oklahoma City
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Investment Insights
Based on property information with market context.
This 10,263-square-foot office building is identified as new construction and includes ample parking. The property is presented for healthcare or professional office use.
Located at 13700 S Western Ave in Oklahoma City, the offering provides a dedicated office setting within a growing area.
Located at 13700 S Western Ave in Oklahoma City, the offering provides a dedicated office setting within a growing area.
Key Highlights
- 10,263‑square‑foot office building
- New construction
- Ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,964
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,719,280
$2.7M
Cap Rate 7%
$1,942,343
$1.9M
Cap Rate 9%
$1,510,711
$1.5M
Market Conditions
NOI Build-Up for 10,263 SF
Gross rent
$246.3K $24.00/SF
− Vacancy
−$19.7K −$1.92/SF
EGI
$226.6K $22.08/SF
− OpEx
−$90.6K −$8.83/SF
NOI
$136.0K $13.25/SF
Area
ZIP 73170
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,719,280
Cap Rate 7%
$1,942,343
Cap Rate 9%
$1,510,711
Alternative Uses
Best Use
Healthcare Medical
$1.94M
$1.70M – $2.27M
NOI $135,964 @ 7.0% cap · market cap 5.67%
Second Best
Office B
$1.81M
$1.58M – $2.11M
NOI $126,358 @ 7.0% cap · market cap 5.26%
Theoretical Best
Specialty Retail
$4.17M
$3.65M – $4.87M
NOI $292,203 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 73170, OK
41,343
Population
16,658
Households
2.5
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
1,969
Density / Sq Mi
$92,403
Median Household Income
$44,653
Median Earnings
$1,525
Median Rent
$249,800
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 Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Recently constructed office property with ample parking.
Where is this office building located?
The property is located at 13700 S Western Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 10,263‑square‑foot office building; New construction; Ample parking
