Class A Office
New
For Sale
$682,445
2944 Northwest 156th Street, Edmond, OK 73013
PUD-1126 zoning and on-site surface parking support a defined office setting.
Property Size3,329 SF
Price / SF$205
Days on Market2
Property Features for 2944 Northwest 156th Street
General Information
Standard status
Active
Size
3,329 SF
Class
Class A
Total Parking Spaces
9
Property subtype
Office
Zoning
PUD-1126
Additional Details
HOA Fee
$233.33
Building Details
Year Built
2011
Building Size
3,329 SF
Listing Agency:
CBRE | Oklahoma City
Listed By:
Tom Lange
(405) 607-6249
Source:
Cbre
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:24AM
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 CBRE | Oklahoma City
Investment Insights
Based on property information with market context.
The 3,329±-square-foot office property was built in 2011 and is identified as Class A. It is located at 2944 Northwest 156th Street in Edmond, Oklahoma. PUD-1126 zoning applies, and the site has nine surface parking spaces, including two handicap spaces.
Key Highlights
- 3,329± SF of office space
- Built in 2011; designated Class A
- PUD‑1126 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,648
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,960
$753.0K
Cap Rate 7%
$537,829
$537.8K
Cap Rate 9%
$418,311
$418.3K
Market Conditions
NOI Build-Up for 3,329 SF
Gross rent
$55.5K $16.68/SF
− Vacancy
−$5.3K −$1.60/SF
EGI
$50.2K $15.08/SF
− OpEx
−$12.5K −$3.77/SF
NOI
$37.6K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,960
Cap Rate 7%
$537,829
Cap Rate 9%
$418,311
Alternative Uses
Best Use
Office B
$537.8K
$470.6K – $627.5K
NOI $37,648 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$693.4K
$606.7K – $808.9K
NOI $48,536 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - PUD-1126 zoning and on-site surface parking support a defined office setting.
Where is this office units located?
The property is located at 2944 Northwest 156th Street Edmond, OK.
What is the asking price?
The asking price for this property is $682,445.
What are key features of this property?
This property features: 3,329± SF of office space; Built in 2011; designated Class A; PUD‑1126 zoning
