Office Building with Warehouse
For Sale
Contact for pricing
1716 Signal Ridge Dr, Edmond, OK 73013
Office property with conference rooms, kitchen, server rooms, and an attached warehouse or garage area.
Property Size10,000 SF
Price / SF$175
Days on Market13
Property Features for 1716 Signal Ridge Dr
General Information
Standard status
Active
Size
10,000 SF
Property subtype
OFFICE
Additional Details
Drive-In Doors
1
Amenities
Monument Sign
Natural Gas Generators
Break Areas
Conference Rooms
LED lighting and ceiling fans throughout the building
Air Conditioned Server Rooms
Full kitchen
Listing Agency:
Fleske Commercial Group
(405) 625-7065
Listed By:
Shonda Mobley · License #153109
(405) 625-7065
Source:
Moodyscre
Added: Aug 11
Changed: Aug 14
Last Checked: Aug 22 at 1:22PM
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 Fleske Commercial Group
Investment Insights
Based on property information with market context.
This 10,000-square-foot office building includes conference rooms, break areas, a full kitchen, and six total bathrooms. LED lighting and ceiling fans serve the building, while air-conditioned server rooms support technology-oriented operations. The south end adds warehouse or garage space with a single 10-foot overhead door. Natural gas generators are also included.
Located at 1716 Signal Ridge Dr in Edmond, Oklahoma, the property combines conventional office improvements with dedicated service or storage area. Monument signage is available at the site.
Located at 1716 Signal Ridge Dr in Edmond, Oklahoma, the property combines conventional office improvements with dedicated service or storage area. Monument signage is available at the site.
Key Highlights
- 10,000 square feet of office space
- South end includes warehouse or garage area
- Single 10' overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$124,834
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,496,680
$2.5M
Cap Rate 7%
$1,783,343
$1.8M
Cap Rate 9%
$1,387,044
$1.4M
Market Conditions
NOI Build-Up for 10,000 SF
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.
Gross rent
$202.8K $20.28/SF
− Vacancy
−$10.7K −$1.07/SF
EGI
$192.1K $19.21/SF
− OpEx
−$67.2K −$6.72/SF
NOI
$124.8K $12.48/SF
Area
Oklahoma County, OK
Vacancy
5.30%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,496,680
Cap Rate 7%
$1,783,343
Cap Rate 9%
$1,387,044
Alternative Uses
Best Use
Flex RnD
$1.78M
$1.56M – $2.08M
NOI $124,834 @ 7.0% cap · market cap 7.13%
Second Best
Office B
$1.62M
$1.41M – $1.88M
NOI $113,090 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,797 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,356
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property with conference rooms, kitchen, server rooms, and an attached warehouse or garage area.
Where is this office building located?
The property is located at 1716 Signal Ridge Dr Edmond, OK.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 10,000 square feet of office space; South end includes warehouse or garage area; Single 10' overhead door
