Luxury Office Space with
14324 N Western Avenue Edmond, OK 73013
14324 N Western Avenue, Edmond, OK, 73013
$1,750,000
Pending
For Sale
$1,750,000
Pending
SINGLE_FAMILY - Edmond, OK
Property Size6,447 SF
Lot Size0.66 Acres
Days on Market959
Property Features for 14324 N Western Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Commercial
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- APN
- 14324NWestern73013
- Size
- 6,447 SF
- Lot size
- 0.66 Acres
Building Details
- Year built
- 2016
- Floors in Building
- 2
- Building materials
- Masonry Vaneer, Stucco
Listing Agency
Homestead + Co
(405) 509-0541
1224 S Kelly Ave, Edmond, OK
Listed by
Jorden Nix · License #160238
(405) 226-5736
Added: Dec 1, 2023 Checked: Jul 17 at 6:06 pm
MLS# 1089900
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Investment Insights
Based on property information with market context.
This commercial office space, located conveniently close to the turnpike, offers luxury and convenience. The 6,447 square foot property includes unique features such as a safe room, a server room, a lift, a whole house generator, a full kitchen, and a large conference room. It also features private restrooms, one with a shower, a large parking lot, and ample attic space for storage. The property is located in Edmond, OK, and is zoned for commercial use. The lot size is 0.6602 acres. Seller financing is available.
Key Highlights
- Seller financing available.
- Convenient location 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 - Spacious office with unique amenities and convenient location.
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.; Convenient location close to the turnpike.; Features a safe room and server room.
