Fully Leased Office
1630 SW 122nd Street Oklahoma City, OK 73170
1630 SW 122nd Street, Oklahoma City, OK, 73170
$1,250,000
For Sale
$1,250,000
SINGLE_FAMILY - Oklahoma City, OK
Property Size6,340 SF
Price / SF$197.16
Days on Market48
Property Features for 1630 SW 122nd Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1630SW122nd73170
- Size
- 6,340 SF
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2005
- Floors in Building
- 1
Listing Agency
Keller Williams-Green Meadow/Summit
(405) 691-2556
13909 S Western Avenue, Oklahoma City, OK
Listed by
Grant Hawkins · License #71137
(405) 924-6191
Added: Jun 4 Updated: Jun 5 at 3:33 am Checked: Jul 21 at 4:06 am
MLS# 1232847
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.
Investment Insights
Based on property information with market context.
This offering consists of an office building at 1630 SW 122nd Street in Oklahoma City, with an additional address of 1634 SW 122nd Street included in the purchase. The property is reported as fully leased with two tenants, and is described in the listing as low maintenance for day-to-day ownership.
The building is zoned Commercial. The seller notes it may be purchased in combination with 1624 SW 122nd Street, giving buyers an option to expand beyond the two included addresses.
For investors or owner-operators seeking an office asset with current occupancy, the fully leased structure and two existing tenants provide a ready-to-hold setup. The low-maintenance characterization may also appeal to buyers looking for an office investment that does not require extensive ongoing operational involvement. Prospective buyers can review the terms of the existing leases and confirm all building details and property condition during due diligence.
The building is zoned Commercial. The seller notes it may be purchased in combination with 1624 SW 122nd Street, giving buyers an option to expand beyond the two included addresses.
For investors or owner-operators seeking an office asset with current occupancy, the fully leased structure and two existing tenants provide a ready-to-hold setup. The low-maintenance characterization may also appeal to buyers looking for an office investment that does not require extensive ongoing operational involvement. Prospective buyers can review the terms of the existing leases and confirm all building details and property condition during due diligence.
Key Highlights
- Investment property fully leased with 2 tenants
- Addresses: 1630 and 1634 SW 122nd
- Heating: natural gas
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 | $136.9k | $21.60 |
| − Vacancy | −$32.9k | −$5.18 |
| EGI | $104.1k | $16.42 |
| − OpEx | −$26.0k | −$4.10 |
| NOI | $78.1k | $12.31 |
6,340 SF · lease $21.60/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.12M
$975.7K – $1.30M
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
NOI $180,509 @ 7.0% cap · market cap 14.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office building offered fully leased to two tenants, positioned for straightforward, low-maintenance ownership in Oklahoma City.
Where is this office units 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: Investment property fully leased with 2 tenants; Addresses: 1630 and 1634 SW 122nd; Heating: natural gas
