Back to Search

Choctaw Office Building For Sale

15679 Ne 23rd St Choctaw, OK 73020

15679 Ne 23rd St, Choctaw, OK, 73020

$1,200,000

For Sale

$1,200,000

Income-producing commercial building with long-term tenant and expansion potential.

Property Size7,958 SF

Lot Size8.24 Acres

Price / SF$150.79

AddedApr 27

Days on Market79

Last RefreshMay 18 at 8:01 am

Property Features for 15679 Ne 23rd St

General Information

Standard status: Active
Size: 7,958 SF
Lot size: 8.24 Acres

Listing office Willard Real Estate Group

Listing date Apr 27, 2026

Source Exprealty

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 Willard Real Estate Group

Investment Insights

Based on property information with market context.

This commercial office building, situated on approximately 8.24 acres, presents an income-producing opportunity suitable for investors or owner-users. The property is currently configured for medical use and offers flexibility for a variety of office or commercial uses. A long-term tenant, SSM Health Medical Group, is already in place and willing to stay. The 8.24-acre lot allows for expansion, additional structures, or increased parking capacity. Located along a well-traveled corridor in Choctaw, the property benefits from high visibility with approximately 20,000 cars passing by daily. It also offers convenient access to I-40 and the OKC metro. The building size is 7,958 square feet.

Key Highlights

Long‑term tenant (SSM Health Medical Group) in place, providing immediate income and stability.
Large 8.24‑acre lot allows for expansion, additional structures, or increased parking.
High‑visibility location on a well‑traveled corridor with approximately 20,000 cars passing daily.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$132.7k	$16.68
− Vacancy	−$12.7k	−$1.60
EGI	$120.0k	$15.08
− OpEx	−$30.0k	−$3.77
NOI	$90.0k	$11.31

7,958 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.29M

$1.12M – $1.50M (±1% cap)

NOI $89,997 @ 7.0% cap · market cap 7.50%

Second Best

Healthcare Medical

$1.18M

$1.03M – $1.38M (±1% cap)

NOI $82,563 @ 7.0% cap · market cap 6.88%

Theoretical Best

Office A

$1.66M

$1.45M – $1.93M (±1% cap)

NOI $116,025 @ 7.0% cap · market cap 9.67%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

SSM Health Medical ... Pediatrician Tiffani Lowell Physician Yi Chen, MD Pediatrician Heise, Will D. ... Pediatrician Dr. Lisa E. ... Physician

Suggested Use

Similar For Sale Nearby

$850,000

2,942 SF

Bank Branch with Drive-Thru

This former Arvest Bank facility includes a drive-thru, teller areas, private offices, and secured features such as a walk-in safe and safe deposit boxes.

14900 SE 29th Street, Choctaw, OK 73020

View Details
$429,000

3,500 SF

Commercial Office Building in Choctaw

3,500 sq ft commercial office building in high-traffic location.

17311 NE 23rd Street, Choctaw, OK 73020

View Details
$999,000

4,208 SF

Choctaw Office and Warehouse Space

Large building with office, storage, and garage space on 1.18 acres.

14300 SE 29th Street, Choctaw, OK 73020

View Details
$2,150,000

12,206 SF

Apartment Complex with 24 Units

Established apartment complex with 24 units across multiple buildings in Choctaw.

14117 SE 29th Street, Choctaw, OK 73020

View Details
$225,000

1,543 SF

Small Office Building with Kitchen

Small office building with three office areas, full and half baths, a functional kitchen, and onsite parking.

16446 NE 23rd Street, Choctaw, OK 73020

View Details
$499,900

2,478 SF

Choctaw Office Building For Sale

Versatile office building suitable for medical, wellness, or executive services.

1917 Commerce Street, Choctaw, OK 73020

View Details
$165,000

1,200 SF

Choctaw Commercial Property For Sale

Multi-use commercial property with open plan and covered deck.

13523 NE 23rd Street, Choctaw, OK 73020

View Details
$325,000

2,048 SF

Fenced Acreage with Horse Barn

Five-acre property with horse barn, convenient highway access.

10100 S Indian Meridian Rd, Choctaw, OK 73020

View Details
$1,300,000

17,000 SF

High-Traffic Corridor Commercial Property

Versatile commercial property in high-traffic area with development potential.

12260 NE 23rd St, Choctaw, OK 73020

View Details
$499,900

2,478 SF

Versatile Office Building Near Oklahoma City

Professional office building ideal for various business or investment purposes.

1917 Commerce, Choctaw, OK 73020

View Details
$3,068,000

8,600 SF

Freestanding Retail Building For Sale

100% occupied multi-tenant retail building in Choctaw, Oklahoma.

14315 Market Blvd, Choctaw, OK 73020

View Details
$479,900

3,350 SF

Choctaw Office Building For Sale

3,350 sq ft commercial office building in Choctaw, Oklahoma.

17311 NE 23rd Street, Choctaw, OK 73020

View Details

Similar Off Market Nearby

Town and Country Animal Hospital — 2400 Victoria Dr, Choctaw, OK 73020

For sale
Medical Office Space
OK
Choctaw
73020
15679 Ne 23rd St

What type of property is this?

Medical Office Space - Income-producing commercial building with long-term tenant and expansion potential.

Where is this medical office space located?

The property is located at 15679 Ne 23rd St Choctaw, OK.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Long‑term tenant (SSM Health Medical Group) in place, providing immediate income and stability.; Large 8.24‑acre lot allows for expansion, additional structures, or increased parking.; High‑visibility location on a well‑traveled corridor with approximately 20,000 cars passing daily.