1732 NW 23rd Street, Oklahoma City, OK 73106
SINGLE_FAMILY - Oklahoma City, OK
- Added:
- Jun 14, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 14 at 10:06 pm
Property Features for 1732 NW 23rd Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1732NW23rd73106
- Size
- 2,412 SF
- Lot size
- 0.16 Acres
Building Details
- Year built
- 1999
- Floors in Building
- 1
Listing agent Sue Yoon License #144471 (405) 314-8199
Listing office Keller Williams Summit 13909 S Western Avenue, Oklahoma City, OK (405) 691-2556
Listing date Jun 14, 2026
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.
HighLights
- Commercial property with 1999 year built on NW 23rd Street corridor
- Available for purchase or lease; listed lease rate is $3,500 per month
- Located near I‑44 and I‑235, offering quick access to major roadways
- Adjacent property at 1724 NW 23rd Street is also available for possible assemblage
- Adjacency may support expanded frontage, additional parking, outdoor seating, and storage
Overview
The property is described as being on Oklahoma City’s iconic NW 23rd Street corridor, surrounded by multiple established districts and destinations, with access described as minutes from I-44 and I-235. The location is positioned within an active entertainment, dining, retail, and cultural area.
A buyer may find this configuration useful for an operator seeking a highly visible urban storefront address, or for a redevelopment-minded buyer looking to evaluate current site improvements and future uses. The remarks also indicate that the adjacent property at 1724 NW 23rd Street is available, which may support assemblage or expanded site planning needs such as additional frontage and related outdoor or storage requirements. The listing further indicates the property is available for lease as well, with a stated lease rate of $3,500 per month.
Local Financial Insights For Specialty Retail
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 | $81.0k | $33.60 |
| − Vacancy | −$4.1k | −$1.68 |
| EGI | $77.0k | $31.92 |
| − OpEx | −$19.2k | −$7.98 |
| NOI | $57.7k | $23.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.53972
- Latitude
- 35.492963
