Standalone Office Building with
2033 Heritage Park Drive Oklahoma City, OK 73120
For Sale
$950,000
Renovated 5,300 SF stand-alone office building with multiple rooms and 45 dedicated parking spaces under O-2 zoning.
Property Size5,300 SF
Lot Size0.46 Acres
Price / SF$179.25
Days on Market240
Property Features for 2033 Heritage Park Drive
General Information
Standard status
Active
Size
5,300 SF
Lot size
0.46 Acres
Property subtype
Office
Building Details
Year Built
1982
Listing Agency:
InterWest Realty
(405) 409-4400
Listed By:
George Huffman · License #049514
(405) 409-4400
Source:
Xome
Added: Nov 30, 2025
Changed: Jul 22
Last Checked: Jul 27 at 3:21AM
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 InterWest Realty
Investment Insights
Based on property information with market context.
This stand-alone office building offers 5,300 square feet of renovated, move-in-ready space on 0.46 acres. The layout includes multiple rooms and in-floor plumbing, which may support specialized uses such as medical or research, while also being adaptable for a more traditional office configuration. Recent updates include flooring, bathroom improvements, electrical and plumbing work, foam insulation, new doors, paint, and more.
The property is located just off NW 122nd Street and N Pennsylvania Avenue in northwest Oklahoma City, with strong accessibility and ample on-site parking. A total of 45 dedicated parking spaces are provided.
The building is zoned O-2, which permits a range of professional and specialized uses, including medical, general office, childcare, and research, among others. 2033 Heritage Park Drive is offered for sale as an owner-occupant or investment opportunity with flexible-use character.
The property is located just off NW 122nd Street and N Pennsylvania Avenue in northwest Oklahoma City, with strong accessibility and ample on-site parking. A total of 45 dedicated parking spaces are provided.
The building is zoned O-2, which permits a range of professional and specialized uses, including medical, general office, childcare, and research, among others. 2033 Heritage Park Drive is offered for sale as an owner-occupant or investment opportunity with flexible-use character.
Key Highlights
- Renovated 5,300 SF stand‑alone office building on 0.46 acres
- O‑2 zoning permits a range of uses including medical, general office, childcare, and research
- Multiple rooms with in‑floor plumbing, previously used as a test laboratory (can support specialty or standard office layouts)
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 | $132.3k | $24.96 |
| − Vacancy | −$31.7k | −$5.99 |
| EGI | $100.5k | $18.97 |
| − OpEx | −$25.1k | −$4.74 |
| NOI | $75.4k | $14.23 |
5,300 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$942.6K – $1.26M
NOI $75,404 @ 7.0% cap · market cap 7.94%
Second Best
Healthcare Medical
$1.05M
$921.6K – $1.23M
NOI $73,725 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,294 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Renovated 5,300 SF stand-alone office building with multiple rooms and 45 dedicated parking spaces under O-2 zoning.
Where is this office building located?
The property is located at 2033 Heritage Park Drive Oklahoma City, OK.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Renovated 5,300 SF stand‑alone office building on 0.46 acres; O‑2 zoning permits a range of uses including medical, general office, childcare, and research; Multiple rooms with in‑floor plumbing, previously used as a test laboratory (can support specialty or standard office layouts)
