Flex Building with Office and
14300 Se 29th St Choctaw, OK 73020
14300 Se 29th St, Choctaw, OK, 73020
$999,000
For Sale
$999,000
Large flex building includes multiple office spaces plus over 5,000 square feet of storage and a 34-by-40 garage area.
Property Size4,208 SF
Lot Size1.18 Acres
Price / SF$237.40
Days on Market125
Property Features for 14300 Se 29th St
General Information
- Standard status
- Active
- Size
- 4,208 SF
- Lot size
- 1.18 Acres
Listing agency
RE/MAX Gemini
(405) 605-7355
Listed by
Jim McWhirter · License #120733
(405) 605-7355
Source
Exprealty
Added: Mar 19 Updated: Jul 21 at 9:43AM Checked: Jul 21 at 9:43AM
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 RE/MAX Gemini
Investment Insights
Based on property information with market context.
This large flex building offers multiple office spaces along with substantial storage. In addition to the main building area of 4,208 square feet, the property includes a storage area of over 5,000 square feet and a dedicated 34-by-40 garage space.
The property is situated on 1.18 acres and features a large parking area designed to provide flexibility for a new owner. Convenient access is noted near I-40 and the I-335 turnpike, supporting travel to Oklahoma City or Shawnee.
With its combination of office space, storage, and garage capacity, the building is well suited for users seeking a single property that can support both administrative and operational needs.
The property is situated on 1.18 acres and features a large parking area designed to provide flexibility for a new owner. Convenient access is noted near I-40 and the I-335 turnpike, supporting travel to Oklahoma City or Shawnee.
With its combination of office space, storage, and garage capacity, the building is well suited for users seeking a single property that can support both administrative and operational needs.
Key Highlights
- Large flex building with multiple office spaces, totaling 4,208 sq ft
- Over 5,000 sq ft storage area plus a 34‑by‑40 garage space
- Sits on 1.18 acres with a large parking area for flexible use
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.3k | $20.28 |
| − Vacancy | −$4.5k | −$1.07 |
| EGI | $80.8k | $19.21 |
| − OpEx | −$28.3k | −$6.72 |
| NOI | $52.5k | $12.48 |
4,208 SF · lease $20.28/SF/yr · vacancy 5.30% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$750.4K
$656.6K – $875.5K
NOI $52,530 @ 7.0% cap · market cap 5.26%
Second Best
Office B
$679.8K
$594.9K – $793.1K
NOI $47,588 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$876.4K
$766.9K – $1.02M
NOI $61,351 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Large flex building includes multiple office spaces plus over 5,000 square feet of storage and a 34-by-40 garage area.
Where is this flex space located?
The property is located at 14300 Se 29th St 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: Large flex building with multiple office spaces, totaling 4,208 sq ft; Over 5,000 sq ft storage area plus a 34‑by‑40 garage space; Sits on 1.18 acres with a large parking area for flexible use
