Office Building with Dedicated
1923 N Classen Blvd Oklahoma City, OK 73106
1923 N Classen Blvd, Oklahoma City, OK, 73106
Contact for pricing
For Sale
Contact for pricing
Office building with dedicated parking, kitchen, high ceilings, and a courtyard, plus central heating and air conditioning.
Property Size4,240 SF
Price / SF$200.47
Days on Market191
Property Features for 1923 N Classen Blvd
General Information
- Standard status
- Active
- Size
- 4,240 SF
- Property subtype
- OFFICE
Properties For Sale
at 1923 N Classen Blvd Contact us
Listing agency
Barta Bailey
(405) 620-3883
Listed by
Allison Barta Bailey
(405) 620-3883
Source
Moodyscre
Added: Jan 12 Updated: Jul 20 at 8:09PM Checked: Jul 21 at 3:07AM
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 Barta Bailey
Investment Insights
Based on property information with market context.
This office building offers a tenant-ready mix of functional interior and amenity features, including a kitchen, high ceilings, hardwood floors, and a courtyard. The building also includes central heating and air conditioning, along with a balcony.
A prominent sign opportunity is available along Classen Blvd, where approximately 25,000 cars per day pass. Food and beverage options nearby include Cafe Antigua, Homeland, The Plaza District, and The Asian District, supporting daily convenience for staff and visitors.
The overall configuration is designed for office use, with dedicated parking for on-site access.
A prominent sign opportunity is available along Classen Blvd, where approximately 25,000 cars per day pass. Food and beverage options nearby include Cafe Antigua, Homeland, The Plaza District, and The Asian District, supporting daily convenience for staff and visitors.
The overall configuration is designed for office use, with dedicated parking for on-site access.
Key Highlights
- Office building with dedicated parking
- Prominent sign opportunity on Classen Blvd with approximately 25,000 cars/day
- Building features kitchen and high ceilings
Local Financial Insights For Office B
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 | $105.8k | $24.96 |
| − Vacancy | −$25.4k | −$5.99 |
| EGI | $80.4k | $18.97 |
| − OpEx | −$20.1k | −$4.74 |
| NOI | $60.3k | $14.23 |
4,240 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$861.8K
$754.0K – $1.01M
NOI $60,323 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,506 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nuevo Studio
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building with dedicated parking, kitchen, high ceilings, and a courtyard, plus central heating and air conditioning.
Where is this office building located?
The property is located at 1923 N Classen Blvd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Office building with dedicated parking; Prominent sign opportunity on Classen Blvd with approximately 25,000 cars/day; Building features kitchen and high ceilings
