Oklahoma City Office Building
For Sale
$1,135,000
2915 United Founders Blvd, Oklahoma City, OK 73112
6,200 SF office building in thriving Northwest location.
Property Size6,200 SF
Price / SF$183.06
Days on Market232
Property Features for 2915 United Founders Blvd
General Information
Standard status
Active
Size
6,200 SF
Class
B
Property subtype
Office
Net Operating Income
$100,000
Building Details
Building Size
6,200 SF
Year Built
1964
Listing Agency:
Creek Price Edwards and Company - Oklahoma City
Listed By:
C. Derek James
(405) 640-7210
Source:
Tcnworldwide
Added: Mar 6
Changed: Oct 15
Last Checked: Oct 23 at 5:45AM
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 Creek Price Edwards and Company - Oklahoma City
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Investment Insights
Based on property information with market context.
Located at 2915 United Founders Blvd in Oklahoma City, this 6,200 SF single-unit office building presents an investment opportunity. The property is zoned C-3 and situated in the Northwest area, offering accessibility and exposure. The building is located on a tree-lined boulevard and is easily accessed via NW Expressway and N. May Avenue. It is in proximity to fast food and fine dining, along with numerous local and national retailers. The property is currently 100% occupied.
Key Highlights
- 100% Occupancy: Provides immediate income generation for investors
- Prime Northwest Location: Situated in a thriving area of Oklahoma City with high visibility and accessibility
- Zoned C‑3: Offers versatile commercial usage options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,209
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,764,180
$1.8M
Cap Rate 7%
$1,260,129
$1.3M
Cap Rate 9%
$980,100
$980.1K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$154.8K $24.96/SF
− Vacancy
−$37.1K −$5.99/SF
EGI
$117.6K $18.97/SF
− OpEx
−$29.4K −$4.74/SF
NOI
$88.2K $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%
$1,764,180
Cap Rate 7%
$1,260,129
Cap Rate 9%
$980,100
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,209 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.12M
$1.86M – $2.47M
NOI $148,428 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,380
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - 6,200 SF office building in thriving Northwest location.
Where is this office building located?
The property is located at 2915 United Founders Blvd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,135,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate income generation for investors; Prime Northwest Location: Situated in a thriving area of Oklahoma City with high visibility and accessibility; Zoned C‑3: Offers versatile commercial usage options
