Shop with Separate Office
2127 SE 44th Street Oklahoma City, OK 73129
For Sale
$350,000
Versatile 2,880 SF shop with three overhead doors plus a separate 1,406 SF office building.
Property Size4,286 SF
Lot Size0.85 Acres
Price / SF$81.66
Days on Market159
Property Features for 2127 SE 44th Street
General Information
- Standard status
- Active
- Size
- 4,286 SF
- Lot size
- 0.85 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing Agency:
Brick and Beam Realty
(405) 435-3572
Listed By:
Chris Johnson · License #200452
(405) 435-3572
Source:
Xome
Added: Feb 14
Changed: Jul 22
Last Checked: Jul 23 at 4:18AM
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
Investment Insights
Based on property information with market context.
The property includes a 2,880 SF shop and a separate 1,406 SF office building on a gated site. The shop is equipped with three 10’x8’ overhead doors and 9’ clear height, and also features an office area and a restroom. The adjacent office building contains three private offices, a restroom, kitchen, foyer, and storage area.
A large rear lot provides additional space for parking, equipment storage, or other yard use. The combination of shop and dedicated office space is suited to owner-operators and service-oriented businesses that need both workspace and administrative functions on-site.
On-site configuration supports practical day-to-day operations with multiple overhead entries for equipment access and separate indoor office space for staff and meetings.
A large rear lot provides additional space for parking, equipment storage, or other yard use. The combination of shop and dedicated office space is suited to owner-operators and service-oriented businesses that need both workspace and administrative functions on-site.
On-site configuration supports practical day-to-day operations with multiple overhead entries for equipment access and separate indoor office space for staff and meetings.
Key Highlights
- 0.85‑acre +/- commercial property with a 2,880 SF shop and a separate 1,406 SF office building
- Shop includes three 10’ x 8’ overhead doors and 9’ clear height
- Shop layout features an office and a restroom
Financial Insights For Industrial
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 | $38.6k | $9.00 |
| − Vacancy | −$1.4k | −$0.32 |
| EGI | $37.2k | $8.69 |
| − OpEx | −$11.2k | −$2.61 |
| NOI | $26.1k | $6.08 |
4,286 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$871.1K
$762.2K – $1.02M
NOI $60,978 @ 7.0% cap · market cap 17.42%
Second Best
Flex RnD
$825.3K
$722.1K – $962.8K
NOI $57,768 @ 7.0% cap · market cap 16.51%
Theoretical Best
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,607 @ 7.0% cap · market cap 29.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jess Ashley & Son's ...
Painting Service
FAQs
What type of property is this?
Flex space - Versatile 2,880 SF shop with three overhead doors plus a separate 1,406 SF office building.
Where is this flex space located?
The property is located at 2127 SE 44th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.85‑acre +/- commercial property with a 2,880 SF shop and a separate 1,406 SF office building; Shop includes three 10’ x 8’ overhead doors and 9’ clear height; Shop layout features an office and a restroom
