Freestanding Office
1425 S Fretz Ave, Edmond, OK 73003
For Sale
Contact for pricing
Pending
Professional office property with flexible E-3 zoning and a broad mix of interior workspaces.
Property Size7,438 SF
Days on Market100
Property Features for 1425 S Fretz Ave
General Information
Standard status
Size
Class
Property subtype
Zoning
Additional Details
Sprinkler System
Amenities
reception area
conference rooms
restrooms
kitchen
recreation area
security cameras
safe room
covered patio
Building Details
Year Built
Buildings
Listing Agency:
Creek Price Edwards
Listed By:
Chase Anderson · License OK #178218
(405) 570-3606
Source:
Crexi
Added: Aug 3
Changed: Nov 8
Last Checked: Nov 8 at 7:50AM
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
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Investment Insights
Based on property information with market context.
Built in 2008, this freestanding office property contains 7,438 square feet arranged for professional or healthcare operations. The interior includes 16–18 offices, a reception area, two conference rooms, large restrooms, a kitchen, and an upstairs recreation area. Additional improvements include security cameras, a fire sprinkler system, a safe room, and a large covered patio.
The property is located at 1425 S. Fretz Ave in Edmond, just north of 15th Street. E-3 zoning supports office, retail, and light industrial uses. The surrounding area includes residential rooftops along with retail, healthcare, shopping, and dining businesses.
The property is located at 1425 S. Fretz Ave in Edmond, just north of 15th Street. E-3 zoning supports office, retail, and light industrial uses. The surrounding area includes residential rooftops along with retail, healthcare, shopping, and dining businesses.
Key Highlights
- 7,438‑square‑foot freestanding office building completed in 2008
- 16–18 offices with reception, two large conference rooms, restrooms, and kitchen
- E‑3 zoning allows office, retail, and light industrial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,117
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,682,340
$1.7M
Cap Rate 7%
$1,201,671
$1.2M
Cap Rate 9%
$934,633
$934.6K
Market Conditions
NOI Build-Up for 7,438 SF
Gross rent
$124.1K $16.68/SF
− Vacancy
−$11.9K −$1.60/SF
EGI
$112.2K $15.08/SF
− OpEx
−$28.0K −$3.77/SF
NOI
$84.1K $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%
$1,682,340
Cap Rate 7%
$1,201,671
Cap Rate 9%
$934,633
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,117 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,444 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 73003, OK
22,648
Population
9,760
Households
2.3
Avg Household Size
36
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,061
Density / Sq Mi
$76,957
Median Household Income
$45,176
Median Earnings
$1,338
Median Rent
$230,000
Median Home Value
Market
Properties on Market for Office buildings in Edmond
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property with flexible E-3 zoning and a broad mix of interior workspaces.
Where is this office building located?
The property is located at 1425 S Fretz Ave Edmond, OK.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 7,438‑square‑foot freestanding office building completed in 2008; 16–18 offices with reception, two large conference rooms, restrooms, and kitchen; E‑3 zoning allows office, retail, and light industrial uses
