For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Medical Office Building with Storm Shelter Title is generated by Realmo AI

    14500 S Western Avenue, Oklahoma City, OK 73170

    View on Map
    Claim this Listing
    New
    For Sale
    $1,900,000

    SINGLE_FAMILY - Oklahoma City, OK

    Type:Office
    Property size:
    9,374 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $202/SF
    Added:
    Jun 26, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 26 at 9:06 pm

    Property Features for 14500 S Western Avenue

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    Commercial
    Standard status
    Active
    APN
    14500SWestern73170
    Size
    9,374 SF
    Lot size
    5.00 Acres

    Building Details

    Year built
    2016

    We can help!

    Contact an agent
    Tara Levinson

    Listing agent Tara Levinson License #145328

    Listing office LRE Realty, LLC 3020 E Britton Rd, Oklahoma City, OK

    Listing date Jun 26, 2026

    MLS# 1236466

    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.

    HighLights

    • Move‑in‑ready commercial building built in 2016 with a flexible layout for medical, school, learning, or professional office use
    • Highly functional interior features large rooms and 9 bathrooms
    • Includes a dedicated fenced‑in outdoor area
    • Permitted massive storm shelter with 170‑person capacity
    • Good frontage on South Western Avenue and an option to buy with additional land for expansion

    Overview

    Move-in-ready commercial building designed to support a range of service and education uses, including medical office, private school, learning center, or professional office. The layout includes large rooms and nine bathrooms. On site, there is a dedicated fenced-in outdoor area. A major feature is a massive, permitted storm shelter with a 170-person capacity, built to provide on-site safety for occupants.

    The property is located at 14500 S Western Avenue in Oklahoma City, OK 73170. It is described as having excellent frontage. The surrounding area includes professional and residential growth, and it is noted to be near Orr Family Farm. Showings are strictly by appointment only for an active business.

    For buyers or tenants seeking an all-in-one facility, the existing interior configuration and multiple bathrooms can support day-to-day operations for medical and professional users, as well as school or learning environments. The permitted 170-person storm shelter adds a practical, organization-specific safety benefit, while the fenced outdoor area can accommodate controlled activities or uses. The listing also indicates the property may be purchased with additional undeveloped acreage, including an option referenced as 5 acres total (or 4 acres for a total of 5 acres, per the MLS note).

    Local Financial Insights For Healthcare Medical

    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 $225.0k $24.00
    − Vacancy −$18.0k −$1.92
    EGI $207.0k $22.08
    − OpEx −$82.8k −$8.83
    NOI $124.2k $13.25
    9,374 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $1.77M
    $1.55M – $2.07M (±1% cap)
    NOI $124,187 @ 7.0% cap · market cap 6.54%
    Second Best
    Office B
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,413 @ 7.0% cap · market cap 6.07%
    Theoretical Best
    Specialty Retail
    $3.81M
    $3.34M – $4.45M (±1% cap)
    NOI $266,892 @ 7.0% cap · market cap 14.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Providence Learning Center Daycare Center Cornerstone Child Enrichment ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Boyer Capstone Veterinary Care — 13500 S Western Ave, Oklahoma City, OK 73170

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.528712
    Latitude
    35.32294

    FAQs

    What type of property is this?
    Medical Office Space - Move-in-ready facility with large rooms, nine bathrooms, fenced outdoor area, and a permitted 170-person storm shelter.
    Where is this medical office space located?
    The property is located at 14500 S Western Avenue Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Move‑in‑ready commercial building built in 2016 with a flexible layout for medical, school, learning, or professional office use; Highly functional interior features large rooms and 9 bathrooms; Includes a dedicated fenced‑in outdoor area
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message