Office
13831 Quail Pointe Dr, Oklahoma City, OK 73134
For Sale
New
$524,000
The building dates to 2005 and is identified as well maintained.
Property Size2,534 SF
Days on Market4
Property Features for 13831 Quail Pointe Dr
General Information
Standard status
Size
Class
Property subtype
Additional Details
Property Use
Building Details
Building Size
Year Built
Listing Agency:
NAI RED Commercial Real Estate
Listed By:
Amanda Sullivan · License #OK #110392
(405) 323-6423
Source:
Naiglobal
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 8 at 3:42AM
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 NAI RED Commercial Real Estate
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Investment Insights
Based on property information with market context.
This office building was constructed in 2005. Its condition is described as well maintained.
Key Highlights
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,052
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,040
$721.0K
Cap Rate 7%
$515,029
$515.0K
Cap Rate 9%
$400,578
$400.6K
Market Conditions
NOI Build-Up for 2,534 SF
Gross rent
$63.2K $24.96/SF
− Vacancy
−$15.2K −$5.99/SF
EGI
$48.1K $18.97/SF
− OpEx
−$12.0K −$4.74/SF
NOI
$36.1K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,040
Cap Rate 7%
$515,029
Cap Rate 9%
$400,578
Alternative Uses
Best Use
Office B
$515.0K
$450.7K – $600.9K
NOI $36,052 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$866.6K
$758.3K – $1.01M
NOI $60,664 @ 7.0% cap · market cap 11.58%
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
1,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 73134, OK
7,078
Population
4,522
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
1,609
Density / Sq Mi
$55,827
Median Household Income
$43,111
Median Earnings
$1,211
Median Rent
$242,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Oklahoma City, OK
Properties on Market for Office buildings in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - The building dates to 2005 and is identified as well maintained.
Where is this office building located?
The property is located at 13831 Quail Pointe Dr Oklahoma City, OK.
What is the asking price?
The asking price for this property is $524,000.
What are key features of this property?
This property features: Built in 2005
