Leased Office Building with Two
For Sale
$1,250,000
1630 SW 122nd Street, Oklahoma City, OK 73170
Commercial Sale, Oklahoma City, OK
Property Size6,340 SF
Price / SF$197.16
Days on Market124
Property Features for 1630 SW 122nd Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Directions
From S. Penn and SW 122nd east to property
Standard status
Active
APN
1630SW122nd73170
Size
6,340 SF
Utilities
Heating system
Natural Gas
Cooling system
Central Air, Electric
Building Details
Year built
2005
Floors in Building
1
Listing Agency:
Keller Williams-Green Meadow/Summit · Keller Williams Realty
(405) 691-2556
Listed By:
Grant Hawkins · License #71137
(405) 924-6191
Added: Jun 4
Changed: Sep 13
Last Checked: Oct 5 at 9:06PM
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.
The 6340-square-foot office building at 1630 SW 122nd Street includes an established occupancy profile with two tenants in place. Constructed in 2005, the property is fully leased and classified for Commercial use.
Building systems include natural gas heating along with central air and electric cooling. The property may also be acquired with 1624 SW 122nd, providing a potential package purchase option for an interested buyer.
Building systems include natural gas heating along with central air and electric cooling. The property may also be acquired with 1624 SW 122nd, providing a potential package purchase option for an interested buyer.
Key Highlights
- 6340‑square‑foot office building constructed in 2005
- Fully leased to 2 tenants
- 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
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 authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercially zoned office building with two existing tenants and central air conditioning.
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: 6340‑square‑foot office building constructed in 2005; Fully leased to 2 tenants; Commercial zoning
