Renovated Standalone Office
For Sale
$494,999
1420 Linwood Boulevard, Oklahoma City, OK 73106
Commercial Sale, Oklahoma City, OK
Property Size1,920 SF
Lot Size0.13 Acres
Price / SF$257.81
Days on Market49
Property Features for 1420 Linwood Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Standard status
Active
APN
1420NONELinwood73106
Size
1,920 SF
Lot size
0.13 Acres
Amenities
custom-built reception desk
glass-enclosed conference room
executive suite with private bathroom
kitchen
security system
Building Details
Year built
1955
Listing Agency:
ERA Courtyard Real Estate · ERA Real Estate
(405) 720-7400
Listed By:
Jennifer Aguilar
(405) 388-6545
Added: Sep 4
Changed: Sep 29
Last Checked: Oct 22 at 4:06AM
MLS# 1247851
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.
Located at 1420 Linwood Boulevard in Oklahoma City, this standalone office property provides 1,920 square feet of renovated commercial space on a 0.1343-acre corner lot. The floor plan includes four private offices, a glass-enclosed conference room, a reception lobby, a shared work area, and an executive suite with a private entrance and full bathroom with shower. The kitchen features custom cabinetry and stone countertops, complemented by wood flooring and designer lighting.
Major updates include new mechanical systems, a new roof, tankless hot water, energy-efficient improvements, and an installed security system with cameras. Separate front and rear entrances support distinct arrival points, with the rear entry connecting directly to the attached gated private parking area. The property is near Midtown and Downtown Oklahoma City and also offers adjacent street parking. Commercial zoning applies.
Major updates include new mechanical systems, a new roof, tankless hot water, energy-efficient improvements, and an installed security system with cameras. Separate front and rear entrances support distinct arrival points, with the rear entry connecting directly to the attached gated private parking area. The property is near Midtown and Downtown Oklahoma City and also offers adjacent street parking. Commercial zoning applies.
Key Highlights
- 1,920 square feet of office space on a 0.1343‑acre corner lot
- Four dedicated offices plus a glass‑enclosed conference room and central workspace
- Executive suite includes a private entrance and full bathroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,316
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,320
$546.3K
Cap Rate 7%
$390,229
$390.2K
Cap Rate 9%
$303,511
$303.5K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$47.9K $24.96/SF
− Vacancy
−$11.5K −$5.99/SF
EGI
$36.4K $18.97/SF
− OpEx
−$9.1K −$4.74/SF
NOI
$27.3K $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%
$546,320
Cap Rate 7%
$390,229
Cap Rate 9%
$303,511
Alternative Uses
Best Use
Office B
$390.2K
$341.5K – $455.3K
NOI $27,316 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$656.6K
$574.6K – $766.1K
NOI $45,965 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,535
Businesses Nearby
Explore this area
Business Placement
Demographics for 73106, OK
12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
Median Home Value
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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 - Corner commercial property with gated private parking and separate front and rear entrances.
Where is this office building located?
The property is located at 1420 Linwood Boulevard Oklahoma City, OK.
What is the asking price?
The asking price for this property is $494,999.
What are key features of this property?
This property features: 1,920 square feet of office space on a 0.1343‑acre corner lot; Four dedicated offices plus a glass‑enclosed conference room and central workspace; Executive suite includes a private entrance and full bathroom with shower
