Courtyard Office
1725 W 33rd Street, Edmond, OK 73013
For Sale
$589,900
Pending
Two separate entrances provide access to a flexible office layout.
Property Size2,900 SF
Days on Market104
Property Features for 1725 W 33rd Street
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
courtyard
Building Details
Year Built
Listing Agency:
McGarry Homes
Listed By:
William McGarry · License OK #181845
(405) 876-5287
Source:
Beaversbendrealty
Added: Jul 30
Changed: Nov 10
Last Checked: Nov 9 at 5:00PM
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 McGarry Homes
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Investment Insights
Based on property information with market context.
Built in 2006, this 2,900-square-foot office property has a flexible layout and two entrances connected by a courtyard. It is located in southwest Edmond with access to Broadway Extension.
Key Highlights
- 2,900‑square‑foot office property
- Built in 2006
- Two entrances connected by a courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,796
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,920
$655.9K
Cap Rate 7%
$468,514
$468.5K
Cap Rate 9%
$364,400
$364.4K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$48.4K $16.68/SF
− Vacancy
−$4.6K −$1.60/SF
EGI
$43.7K $15.08/SF
− OpEx
−$10.9K −$3.77/SF
NOI
$32.8K $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%
$655,920
Cap Rate 7%
$468,514
Cap Rate 9%
$364,400
Alternative Uses
Best Use
Office B
$468.5K
$410.0K – $546.6K
NOI $32,796 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$604.0K
$528.5K – $704.7K
NOI $42,281 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
825
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
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Market
Properties on Market for Office buildings in Edmond
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two separate entrances provide access to a flexible office layout.
Where is this office building located?
The property is located at 1725 W 33rd Street Edmond, OK.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: 2,900‑square‑foot office property; Built in 2006; Two entrances connected by a courtyard
