Move-In Ready Office
For Sale
Contact for pricing
1960 Harper Street, Choctaw, OK 73020
Finished office space combines reception, private rooms, exam areas, open work space, and supplemental attic storage.
Property Size2,900 SF
Days on Market59
Property Features for 1960 Harper Street
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Office
Building Details
Building Size
2,900 SF
Year Built
2004
Listing Agency:
Brick and Beam Realty
Listed By:
Chris Johnson · License #200452
(903) 815-1661
Source:
Stetsonbentley
Added: Sep 9
Changed: Oct 31
Last Checked: Nov 4 at 9:46PM
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 Brick and Beam Realty
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Investment Insights
Based on property information with market context.
This 2,900 SF office suite, built in 2004, is finished for occupancy and organized around a reception area, four private offices, two exam rooms, and two restrooms. One restroom includes ADA-accessible features and grab bars. A large open area at the rear supports additional desks, workstations, or other open-plan office functions.
An insulated attic area provides additional storage above the finished ceiling without counting toward the leased square footage. The attic has a dedicated HVAC unit and is reached by an interior stairway. The room mix supports medical, dental, counseling, veterinary, and general professional office operations within one suite.
An insulated attic area provides additional storage above the finished ceiling without counting toward the leased square footage. The attic has a dedicated HVAC unit and is reached by an interior stairway. The room mix supports medical, dental, counseling, veterinary, and general professional office operations within one suite.
Key Highlights
- 2,900 SF finished office suite
- Four private offices and two exam rooms
- Reception area plus large rear open‑office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,087
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,740
$601.7K
Cap Rate 7%
$429,814
$429.8K
Cap Rate 9%
$334,300
$334.3K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$56.0K $19.32/SF
− Vacancy
−$5.9K −$2.03/SF
EGI
$50.1K $17.29/SF
− OpEx
−$20.1K −$6.92/SF
NOI
$30.1K $10.37/SF
Area
Oklahoma County, OK
Vacancy
10.50%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,740
Cap Rate 7%
$429,814
Cap Rate 9%
$334,300
Alternative Uses
Best Use
Office B
$468.5K
$410.0K – $546.6K
NOI $32,796 @ 7.0% cap · market cap 1,024.88%
Second Best
Healthcare Medical
$429.8K
$376.1K – $501.5K
NOI $30,087 @ 7.0% cap · market cap 940.22%
Theoretical Best
Office A
$604.0K
$528.5K – $704.7K
NOI $42,281 @ 7.0% cap · market cap 1,321.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 73020, OK
24,627
Population
9,857
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
61.6 sq mi
ZIP Area
400
Density / Sq Mi
$99,108
Median Household Income
$54,688
Median Earnings
$1,363
Median Rent
$248,700
Median Home Value
Market
Average Price Trend$/SF for Office Units in Oklahoma County, OK
Properties on Market for Office Units in Oklahoma County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Finished office space combines reception, private rooms, exam areas, open work space, and supplemental attic storage.
Where is this office unit located?
The property is located at 1960 Harper Street Choctaw, OK.
What are key features of this property?
This property features: 2,900 SF finished office suite; Four private offices and two exam rooms; Reception area plus large rear open‑office area
