Standalone Office
For Sale
$449,000
3010 N Classen Blvd, Oklahoma City, OK 73106
Standalone commercial building with on-site parking and flexible office, restaurant, or retail conversion potential.
Property Size2,297 SF
Days on Market49
Property Features for 3010 N Classen Blvd
General Information
Standard status
Active
Size
2,297 SF
Class
C
Property subtype
Office - General Office
Building Details
Building Size
2,297 SF
Year Built
1919
Units
1
Listing Agency:
Banta Property Group
Listed By:
Anna Fresonke · License #158169
(405) 535-8156
Source:
Commercialcafe
Added: Sep 5
Changed: Oct 14
Last Checked: Oct 20 at 5:35PM
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 Banta Property Group
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Investment Insights
Based on property information with market context.
This 2,297-square-foot standalone building is positioned for conversion into office, restaurant, or retail space. The property is currently presented as an office building and offers a separate structure for a new commercial layout.
Located at 3010 N Classen Blvd in Oklahoma City, the property includes on-site parking and frontage along N Classen Blvd. Its existing configuration and flexible use potential support several commercial occupancy concepts.
Located at 3010 N Classen Blvd in Oklahoma City, the property includes on-site parking and frontage along N Classen Blvd. Its existing configuration and flexible use potential support several commercial occupancy concepts.
Key Highlights
- 2,297‑square‑foot standalone building
- Conversion potential for office, restaurant, or retail use
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,680
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,600
$653.6K
Cap Rate 7%
$466,857
$466.9K
Cap Rate 9%
$363,111
$363.1K
Market Conditions
NOI Build-Up for 2,297 SF
Gross rent
$57.3K $24.96/SF
− Vacancy
−$13.8K −$5.99/SF
EGI
$43.6K $18.97/SF
− OpEx
−$10.9K −$4.74/SF
NOI
$32.7K $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%
$653,600
Cap Rate 7%
$466,857
Cap Rate 9%
$363,111
Alternative Uses
Best Use
Retail
$647.8K
$566.8K – $755.7K
NOI $45,343 @ 7.0% cap · market cap 10.10%
Second Best
Office B
$466.9K
$408.5K – $544.7K
NOI $32,680 @ 7.0% cap · market cap 7.28%
Theoretical Best
Specialty Retail
$785.6K
$687.4K – $916.5K
NOI $54,990 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
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Business Placement
Demographics for 73106, OK
12,956
Population
6,069
Households
2.1
Avg Household Size
32
Median Age
40%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
4,319
Density / Sq Mi
$51,934
Median Household Income
$32,145
Median Earnings
$1,050
Median Rent
$262,500
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 - Standalone commercial building with on-site parking and flexible office, restaurant, or retail conversion potential.
Where is this office building located?
The property is located at 3010 N Classen Blvd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,297‑square‑foot standalone building; Conversion potential for office, restaurant, or retail use; On‑site parking
