Building Details

Building Size 1,144 SF

Year Built 1946

Listing Agency: eXp Realty BO

Listed By: Vanessa Johnson Show Phone

Source: Stetsonbentley

Added: Oct 7 Changed: Oct 13 Last Checked: Oct 13 at 2:26AM

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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 eXp Realty BO

Investment Insights

Based on property information with market context.

This two-property offering pairs a 1,144-square-foot commercial building at 2508 W I-44 Service Road with an 870-square-foot office building at 2504 W I-44 Service Road. The 2508 property is zoned C-3 and sits on a 0.2058-acre lot. The office building has two private offices and one bathroom and occupies a separate 0.2058-acre lot.

Both buildings are along the W I-44 Service Road corridor in Oklahoma City, with access to I-44 and proximity to historic Route 66 and major commercial areas.

Key Highlights

• Two commercial properties offered together on W I‑44 Service Road
• 1,144‑square‑foot building at 2508 W I‑44 Service Road, zoned C‑3
• Separate 870‑square‑foot office building at 2504 W I‑44 Service Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,583

Cap Rate

6.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$451,660 $451.7K

Cap Rate 7%

$322,614 $322.6K

Cap Rate 9%

$250,922 $250.9K

Market Conditions

NOI Build-Up for 1,144 SF

Gross rent

$34.3K $30.00/SF

− Vacancy

−$2.1K −$1.80/SF

EGI

$32.3K $28.20/SF

− OpEx

−$9.7K −$8.46/SF

NOI

$22.6K $19.74/SF

Area

Oklahoma City, OK

Vacancy

6.00%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$451,660

Cap Rate 7%

$322,614

Cap Rate 9%

$250,922

Alternative Uses

Best Use

Retail

$322.6K

$282.3K – $376.4K (±1% cap)

NOI $22,583 @ 7.0% cap · market cap 6.95%

Second Best

Office B

$232.5K

$203.5K – $271.3K (±1% cap)

NOI $16,276 @ 7.0% cap · market cap 5.01%

Theoretical Best

Specialty Retail

$391.2K

$342.3K – $456.5K (±1% cap)

NOI $27,387 @ 7.0% cap · market cap 8.43%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Tubpages Consultant

Suggested Use

Top Pick Dental Office Hair Salon Parking Lot & Garage Nail Salon Bakery HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

637

Businesses Nearby

Explore this area Business Placement

Demographics for 73112, OK

31,113

Population

16,413

Households

1.9

Avg Household Size

37

Median Age

35%

College-Educated

91%

High-School Grad

7.6 sq mi

ZIP Area

4,094

Density / Sq Mi

$57,833

Median Household Income

$39,641

Median Earnings

$1,030

Median Rent

$173,100

Median Home Value

Market

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023

26.5% 2024

29.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The offering combines a C-3 commercial building with a separate office building featuring two private offices and a bathroom.

Where is this mixed-use property located?

The property is located at 2508 W I 44 Service Road Oklahoma City, OK.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Two commercial properties offered together on W I‑44 Service Road; 1,144‑square‑foot building at 2508 W I‑44 Service Road, zoned C‑3; Separate 870‑square‑foot office building at 2504 W I‑44 Service Road