14300 SE 29th Street, Choctaw, OK 73020

Building Details

Year built 1984 More

Listing Agency: Brix Realty c***@brixrealty.com Show Phone

Listed By: Micah McGahan · License OK #159945 Show Phone

Added: Sep 22 Changed: Sep 30 Last Checked: Nov 10 at 7:06AM

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MLS# 1250824

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.

This 11,198-square-foot flex property combines office, storage, and shop space on an approximately 1.18-acre site. About 4,208 square feet is configured as private offices, while approximately 6,990 square feet is devoted to storage and shop use. The shop area measures 34 feet by 40 feet, and the property also has more than 5,000 square feet of storage. Built in 1984, the building is described as needing cosmetic updates. Zoning is Agriculture.

The property is at 14300 SE 29th Street in Choctaw, with access to I-40 and the I-335 Kickapoo Turnpike. Asphalt and concrete parking areas accommodate on-site parking. The mix of office, shop, and storage areas is supported by a paved parking area on the property.

Key Highlights

• 11,198‑square‑foot flex property on approximately 1.18 acres
• Approximately 4,208 square feet of office space with multiple private offices
• Approximately 6,990 square feet of storage and shop area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$73,877

Cap Rate

7.40%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,477,540 $1.5M

Cap Rate 7%

$1,055,386 $1.1M

Cap Rate 9%

$820,856 $820.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,198 SF

Gross rent

$94.1K $8.40/SF

− Vacancy

−$7.1K −$0.64/SF

EGI

$86.9K $7.76/SF

− OpEx

−$13.0K −$1.16/SF

NOI

$73.9K $6.60/SF

Area

Oklahoma County, OK

Vacancy

7.60%

Lease Rate

$8.40 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,477,540

Cap Rate 7%

$1,055,386

Cap Rate 9%

$820,856

Alternative Uses

Best Use

Flex RnD

$2.00M

$1.75M – $2.33M (±1% cap)

NOI $139,789 @ 7.0% cap · market cap 13.99%

Second Best

Warehouse

$1.06M

$923.5K – $1.23M (±1% cap)

NOI $73,877 @ 7.0% cap · market cap 7.40%

Theoretical Best

Office A

$2.33M

$2.04M – $2.72M (±1% cap)

NOI $163,264 @ 7.0% cap · market cap 16.34%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

61

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Market

Average Price Trend$/SF for Flex space in Oklahoma County, OK

$221 Jul

$160 Aug

$153 Sep

$152 Oct

Properties on Market for Flex space in Oklahoma County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - A private-office component pairs with shop and storage areas, with substantial paved parking on site.

Where is this flex space 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: 11,198‑square‑foot flex property on approximately 1.18 acres; Approximately 4,208 square feet of office space with multiple private offices; Approximately 6,990 square feet of storage and shop area