Office Units with Private
For Sale
Contact for pricing
16420 Muirfield Pl, Edmond, OK 73013
Eight enclosed offices, a conference room, kitchenette, open workspace, and water views support a flexible business setting.
Property Size6,073 SF
Days on Market59
Property Features for 16420 Muirfield Pl
General Information
Standard status
Active
Size
6,073 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
6,073 SF
Year Built
2017
Properties For Sale
at 16420 Muirfield Pl
16420 Muirfield Place
Size
2,150 SF
Term
36 - 60 months
Listing Agency:
The Greyhound Group
Listed By:
Ian Duty-Dean · License #OK #171793
(405) 642-4677
Source:
Greyhound
Added: Aug 21
Changed: Oct 8
Last Checked: Oct 16 at 7:41AM
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 The Greyhound Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2017, this office property combines eight private offices with a dedicated conference room and an open workspace. The layout also includes a kitchenette, high ceilings, and abundant natural light, creating a functional setting for day-to-day business operations.
A water view adds a distinctive element to the interior environment. The property is located at 16420 Muirfield Pl in Edmond, Oklahoma, and includes a configuration that brings together enclosed offices, shared meeting space, and open-area work space.
A water view adds a distinctive element to the interior environment. The property is located at 16420 Muirfield Pl in Edmond, Oklahoma, and includes a configuration that brings together enclosed offices, shared meeting space, and open-area work space.
Key Highlights
- 8 private offices
- 1 conference room
- Open layout with kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,373,600
$1.4M
Cap Rate 7%
$981,143
$981.1K
Cap Rate 9%
$763,111
$763.1K
Market Conditions
NOI Build-Up for 6,073 SF
Gross rent
$101.3K $16.68/SF
− Vacancy
−$9.7K −$1.60/SF
EGI
$91.6K $15.08/SF
− OpEx
−$22.9K −$3.77/SF
NOI
$68.7K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,373,600
Cap Rate 7%
$981,143
Cap Rate 9%
$763,111
Alternative Uses
Best Use
Office B
$981.1K
$858.5K – $1.14M
NOI $68,680 @ 7.0% cap · market cap 286,166.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M
NOI $88,543 @ 7.0% cap · market cap 368,929.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
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 South region
Frequently Asked Questions
What type of property is this?
Office units - Eight enclosed offices, a conference room, kitchenette, open workspace, and water views support a flexible business setting.
Where is this office units located?
The property is located at 16420 Muirfield Pl Edmond, OK.
What are key features of this property?
This property features: 8 private offices; 1 conference room; Open layout with kitchenette
