Executive Office
2962 NW 156th Street, Edmond, OK 73013
For Sale
New
$660,000
Commercial Sale, Edmond, OK
Property Size2,304 SF
Lot Size0.26 Acres
Price / SF$286.46
Days on Market6
Property Features for 2962 NW 156th Street
General Information
Property type
Property subtype
Zoning
Accessibility
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Utilities
Sewer type
Heating system
Cooling system
Amenities
executive style personal offices
conference room
handicap accessible bathrooms
reception area
Building Details
Year built
Listing Agency:
Keller Williams Central OK · Keller Williams Realty
(405) 330-2626
Listed By:
Greg Roberts
(405) 740-0221
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 9 at 3:06AM
MLS# 1256170
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2015, this 2,304-square-foot office property sits on 0.2579 acres in Edmond. The interior provides six private offices, a large conference room, and a reception area. Accessible restrooms and a ramped approach support visitor access, with parking available for staff and clients.
The building is served by central natural gas heating, electric cooling, and public sewer. Commercial zoning is in place.
The building is served by central natural gas heating, electric cooling, and public sewer. Commercial zoning is in place.
Key Highlights
- Six private offices and a large conference room
- 2,304 square feet on a 0.2579‑acre lot
- Built in 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,056
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,120
$521.1K
Cap Rate 7%
$372,229
$372.2K
Cap Rate 9%
$289,511
$289.5K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$38.4K $16.68/SF
− Vacancy
−$3.7K −$1.60/SF
EGI
$34.7K $15.08/SF
− OpEx
−$8.7K −$3.77/SF
NOI
$26.1K $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%
$521,120
Cap Rate 7%
$372,229
Cap Rate 9%
$289,511
Alternative Uses
Best Use
Office B
$372.2K
$325.7K – $434.3K
NOI $26,056 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$479.9K
$419.9K – $559.9K
NOI $33,592 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Edmond
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A six-office layout includes a conference room, reception area, accessible restrooms, and on-site parking.
Where is this office building located?
The property is located at 2962 NW 156th Street Edmond, OK.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Six private offices and a large conference room; 2,304 square feet on a 0.2579‑acre lot; Built in 2015
