Spacious Office Building Near
14324 N Western Avenue Edmond, OK 73013
14324 N Western Avenue, Edmond, OK, 73013
$1,750,000
Pending
For Sale
$1,750,000
Pending
Luxury office space with unique features and ample parking.
Property Size6,447 SF
Days on Market961
Property Features for 14324 N Western Avenue
General Information
- Standard status
- Pending
- Size
- 6,447 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2016
Listing Agency
Homestead + Co
(405) 226-5736
Listed by
Jorden Nix · License #160238
(405) 226-5736
Source
Exitrealty
Added: Dec 1, 2023 Checked: Jul 17 at 10:19 pm
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 Homestead + Co
Investment Insights
Based on property information with market context.
This 6,447 square-foot office building is located conveniently close to the turnpike. It features unique amenities including a safe room, a server room, a lift, a whole house generator, a full kitchen, and a large conference room. The property includes private restrooms, one of which has a shower, a large parking lot, and ample attic space for storage. Seller financing is available.
Key Highlights
- Seller financing available.
- Conveniently located close to the turnpike.
- Features a safe room and server room.
Local Financial Insights For Office B
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 | $107.5k | $16.68 |
| − Vacancy | −$10.3k | −$1.60 |
| EGI | $97.2k | $15.08 |
| − OpEx | −$24.3k | −$3.77 |
| NOI | $72.9k | $11.31 |
6,447 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.04M
$911.4K – $1.22M
NOI $72,909 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,995 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Specialty Care Pediatrics, ...
Home Health Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Luxury office space with unique features and ample parking.
Where is this office building located?
The property is located at 14324 N Western Avenue Edmond, OK.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Seller financing available.; Conveniently located close to the turnpike.; **Features a safe room and server room.**
