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Commercial Office Building
For Sale
$1,250,000

1630 SW 122nd Street, Oklahoma City, OK 73170

Established office property with central air and natural gas service.

Property Size6,340 SF
Price / SF$197.16
Days on Market57

Property Features for 1630 SW 122nd Street

General Information

Standard status Active
Size 6,340 SF
Zoning Commercial

Amenities

Central Air, Electric
Natural Gas

Building Details

Year Built 2005
Stories 1
Listing Agency: Keller Williams Realty Green Meadow
Listed By: Grant Hawkins · License #71137
Source: Evrealestate
Added: Aug 12 Changed: Sep 29 Last Checked: Oct 7 at 12:57PM

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 Keller Williams Realty Green Meadow

Investment Insights

Based on property information with market context.

This commercial office building contains 6,340 square feet and was constructed in 2005. The property includes central air with electric service and natural gas, supporting day-to-day office operations.

Located at 1630 SW 122nd Street in Oklahoma City, the property carries Commercial zoning. Access is identified from S. Penn and SW 122nd, with the site reached by traveling east from that intersection.

Key Highlights

  • 6,340‑square‑foot office building
  • Built in 2005
  • Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,058
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,160 $1.6M
Cap Rate 7%
$1,115,114 $1.1M
Cap Rate 9%
$867,311 $867.3K
Market Conditions
NOI Build-Up for 6,340 SF
Gross rent
$136.9K $21.60/SF
− Vacancy
−$32.9K −$5.18/SF
EGI
$104.1K $16.42/SF
− OpEx
−$26.0K −$4.10/SF
NOI
$78.1K $12.31/SF
Area
ZIP 73170
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,160
Cap Rate 7%
$1,115,114
Cap Rate 9%
$867,311

Alternative Uses

Best Use
Office B
$1.12M
$975.7K – $1.30M (±1% cap)
NOI $78,058 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.58M
$2.26M – $3.01M (±1% cap)
NOI $180,509 @ 7.0% cap · market cap 14.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby

Demographics for 73170, OK

41,343
Population
16,658
Households
2.5
Avg Household Size
40
Median Age
37%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
1,969
Density / Sq Mi
$92,403
Median Household Income
$44,653
Median Earnings
$1,525
Median Rent
$249,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023
26.5% 2024
29.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with central air and natural gas service.
Where is this office building located?
The property is located at 1630 SW 122nd Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,340‑square‑foot office building; Built in 2005; Commercial zoning
More about this property
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