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Multi-Suite Office Building
For Sale
$999,000

14300 SE 29th Street, Choctaw, OK 73020

Commercial Sale, Choctaw, OK

Property Size4,208 SF
Lot Size1.18 Acres
Price / SF$237.40
Days on Market204

Property Features for 14300 SE 29th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions From SE 29th & Choctaw Rd, go W to property.
Standard status Active
APN 14300SE29th73020
Size 4,208 SF
Lot size 1.18 Acres

Building Details

Year built 1984
Listing Agency: RE/MAX Gemini · RE/MAX International
Listed By: Jim McWhirter · License #120733
Added: Mar 18 Changed: Aug 19 Last Checked: Oct 7 at 5:06PM
MLS# 1219734

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.

Investment Insights

Based on property information with market context.

This 1984 office building contains multiple office spaces within 4208 square feet, with an additional storage area measuring over 5000 square feet. A 34x40' garage provides enclosed utility space, while the 1.18-acre site includes a large parking area. Commercial zoning supports the property’s existing office configuration.

The property is located at 14300 SE 29th Street in Choctaw, Oklahoma, near I-40 and the I-335 turnpike. Highway access connects the site with Oklahoma City and Shawnee, providing regional reach for businesses requiring an office location with substantial storage, garage capacity, and on-site parking.

Key Highlights

  • 4208 sq feet of office building space with multiple office areas
  • Over 5000 sq feet of storage area
  • 34x40' garage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,530
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,600 $1.1M
Cap Rate 7%
$750,429 $750.4K
Cap Rate 9%
$583,667 $583.7K
Market Conditions
NOI Build-Up for 4,208 SF
Gross rent
$85.3K $20.28/SF
− Vacancy
−$4.5K −$1.07/SF
EGI
$80.8K $19.21/SF
− OpEx
−$28.3K −$6.72/SF
NOI
$52.5K $12.48/SF
Area
Oklahoma County, OK
Vacancy
5.30%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,600
Cap Rate 7%
$750,429
Cap Rate 9%
$583,667

Alternative Uses

Best Use
Flex RnD
$750.4K
$656.6K – $875.5K (±1% cap)
NOI $52,530 @ 7.0% cap · market cap 5.26%
Second Best
Office B
$679.8K
$594.9K – $793.1K (±1% cap)
NOI $47,588 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$876.4K
$766.9K – $1.02M (±1% cap)
NOI $61,351 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 73020, OK

24,627
Population
9,857
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
61.6 sq mi
ZIP Area
400
Density / Sq Mi
$99,108
Median Household Income
$54,688
Median Earnings
$1,363
Median Rent
$248,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial zoning, storage space, a garage, and a large parking area accompany the office layout.
Where is this office building located?
The property is located at 14300 SE 29th Street Choctaw, OK.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 4208 sq feet of office building space with multiple office areas; Over 5000 sq feet of storage area; 34x40' garage space
More about this property
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