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Medical Office Space
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2812 W Hefner Rd, Oklahoma City, OK 73120

Two professional office units totaling about 3,024 square feet, with the east unit renovated and ADA-compliant improvements.

Property Size3,024 SF
Price / SF$0.73
Days on Market187

Property Features for 2812 W Hefner Rd

General Information

Standard status Active
Size 3,024 SF

Building Details

Year Built 1968
Listing Agency: Metro First Realty
Listed By: Brie Green · License #161405
Source: Oklahomerealestate
Added: Apr 24 Changed: Oct 26 Last Checked: Oct 7 at 12:54PM

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 First Realty

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Investment Insights

Based on property information with market context.

Professional medical office spaces are available for lease in The Village at 2812 W Hefner Road. The property consists of two separate units, with each side offering over 1,500 square feet of office space.

The east unit has been renovated with new paint, flooring, lighting, and ADA-compliant spaces throughout. The west unit is set up to be built out based on tenant requirements.

The property is located at the intersection of Hefner Road and May Avenue, next door to OnCue, within a business area that includes other commercial establishments.

Key Highlights

  • Two professional office units totaling about 3,024 SF available for lease in The Village.
  • Each side offers over 1,500 SF of space; previously used as a dental office and orthodontics office.
  • East unit renovated with new paint, flooring, and lighting.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,065
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,300 $841.3K
Cap Rate 7%
$600,929 $600.9K
Cap Rate 9%
$467,389 $467.4K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$76.2K $25.20/SF
− Vacancy
−$6.1K −$2.02/SF
EGI
$70.1K $23.18/SF
− OpEx
−$28.0K −$9.27/SF
NOI
$42.1K $13.91/SF
Area
ZIP 73120
Vacancy
8.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,300
Cap Rate 7%
$600,929
Cap Rate 9%
$467,389

Alternative Uses

Best Use
Office B
$614.6K
$537.8K – $717.1K (±1% cap)
NOI $43,023 @ 7.0% cap · market cap 1,955.59%
Second Best
Healthcare Medical
$600.9K
$525.8K – $701.1K (±1% cap)
NOI $42,065 @ 7.0% cap · market cap 1,912.05%
Theoretical Best
Office A
$727.8K
$636.9K – $849.1K (±1% cap)
NOI $50,948 @ 7.0% cap · market cap 2,315.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Dr. Patrick A. Woods, ... Dental Office Lakeside Family Dentistry Dental Office Traci Leon Dental Office Woods & Woods Dental Dental Office

Suggested Use

Top Pick Auto Repair Shop Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Cafe & Coffee Shop

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

670
Businesses Nearby
Under-served
Demand for This Use

Demographics for 73120, OK

36,530
Population
20,356
Households
1.8
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
11.0 sq mi
ZIP Area
3,321
Density / Sq Mi
$62,942
Median Household Income
$45,333
Median Earnings
$1,045
Median Rent
$227,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023
26.5% 2024
29.6% 2025

Similar Off Market Nearby

  • Village Animal Hospital — 2820 W Hefner Rd, Oklahoma City, OK 73120

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two professional office units totaling about 3,024 square feet, with the east unit renovated and ADA-compliant improvements.
Where is this medical office space located?
The property is located at 2812 W Hefner Rd Oklahoma City, OK.
What are key features of this property?
This property features: Two professional office units totaling about 3,024 SF available for lease in The Village.; Each side offers over 1,500 SF of space; previously used as a dental office and orthodontics office.; East unit renovated with new paint, flooring, and lighting.
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