Corner Lot Office
For Sale
$280,000
2000 S Midwest Blvd, Oklahoma City, OK 73110
Flexible salon-configured office building on a corner lot with paved parking, dual access, and undeveloped land.
Property Size1,604 SF
Lot Size0.45 Acres
Price / SF$174.56
Days on Market98
Property Features for 2000 S Midwest Blvd
General Information
Standard status
Active
Size
1,604 SF
Lot size
0.45 Acres
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Metro Group Brokers
(405) 737-4700
Listed By:
Amy Taylor · License #173874
(918) 812-4733
Source:
Exprealty
Added: Jul 17
Changed: Oct 14
Last Checked: Oct 20 at 10:04PM
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 Metro Group Brokers
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Investment Insights
Based on property information with market context.
This 1,604 SF commercial building is currently configured as a salon and offers a flexible floor plan that can support professional office, medical, retail, salon, or service uses. The property sits on a 0.45-acre corner lot with existing paved parking and approximately 192 feet of frontage, and it provides dual access from Phinney Dr. and Bradley Cir.
The site is zoned C-3 and includes approximately 7,000 SF of additional undeveloped land. The property’s future development potential is subject to appropriate due diligence and subdivision of the site, with buyers advised to verify all development requirements with the City of Midwest City.
Located just north of the established SE 29th retail corridor, the property also offers quick access to multiple Tinker AFB gates and I-40, with surrounding commercial development nearby.
The site is zoned C-3 and includes approximately 7,000 SF of additional undeveloped land. The property’s future development potential is subject to appropriate due diligence and subdivision of the site, with buyers advised to verify all development requirements with the City of Midwest City.
Located just north of the established SE 29th retail corridor, the property also offers quick access to multiple Tinker AFB gates and I-40, with surrounding commercial development nearby.
Key Highlights
- 1,604 SF commercial building on a 0.45‑acre corner lot with approx. 192 ft of frontage
- Salon‑configured, flexible floor plan suited for professional office, medical, retail, salon, or service use
- Zoned C‑3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,820
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,400
$456.4K
Cap Rate 7%
$326,000
$326.0K
Cap Rate 9%
$253,556
$253.6K
Market Conditions
NOI Build-Up for 1,604 SF
Gross rent
$40.0K $24.96/SF
− Vacancy
−$9.6K −$5.99/SF
EGI
$30.4K $18.97/SF
− OpEx
−$7.6K −$4.74/SF
NOI
$22.8K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,400
Cap Rate 7%
$326,000
Cap Rate 9%
$253,556
Alternative Uses
Best Use
Office B
$326.0K
$285.3K – $380.3K
NOI $22,820 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$548.6K
$480.0K – $640.0K
NOI $38,400 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
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Business Placement
Demographics for 73110, OK
33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office unit - Flexible salon-configured office building on a corner lot with paved parking, dual access, and undeveloped land.
Where is this office unit located?
The property is located at 2000 S Midwest Blvd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,604 SF commercial building on a 0.45‑acre corner lot with approx. 192 ft of frontage; Salon‑configured, flexible floor plan suited for professional office, medical, retail, salon, or service use; Zoned C‑3
