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    Medical Office Investment Opportunity Title is generated by Realmo AI

    35 E 33rd St, Edmond, OK

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    High visibility medical office building near Broadway Extension for sale.

    Type:OFFICE
    Property size:
    10,018 SF
    Lot size:
    1.20 Acres
    Price / SF:
    $219/SF
    Added:
    Mar 18, 2025
    Days on Market:
    461
    Last Refresh:
    May 20 at 8:34 pm

    Property Features for 35 E 33rd St

    General Information

    Standard status
    Active
    Size
    10,018 SF
    Lot size
    1.20 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Paul Stuke
    Paul Stuke

    Listing agent Paul Stuke License #201166

    Listing office Plains Commercial Real Estate

    Listing date Mar 18, 2025

    Source Moodyscre

    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 Plains Commercial Real Estate

    HighLights

    • High visibility and accessibility just east of 33rd and Broadway Extension
    • Assumable SBA Loan - Contact for details
    • Seller willing to sign 5 year lease at closing
    • Excellent potential for QSR site
    • 100% Occupied currently
    • Originally built as a medical office

    Overview

    This 10,018 square foot property, originally built as a medical office, is located just east of 33rd and Broadway Extension, offering high visibility and accessibility. The property is currently 100% occupied. The seller is willing to sign a 5-year lease at closing. An assumable SBA loan is available; contact for details. The property presents excellent potential for a QSR site and is suitable for either owner occupancy or investment.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $167.1k $16.68
    − Vacancy −$16.0k −$1.60
    EGI $151.1k $15.08
    − OpEx −$37.8k −$3.77
    NOI $113.3k $11.31
    10,018 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.62M
    $1.42M – $1.89M (±1% cap)
    NOI $113,294 @ 7.0% cap · market cap 5.15%
    Second Best
    Healthcare Medical
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,935 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    Office A
    $2.09M
    $1.83M – $2.43M (±1% cap)
    NOI $146,060 @ 7.0% cap · market cap 6.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jewels by Simpson (Bike/Boat/Book/etc) Store Edmond Gun Ammunition Supplier Bella Rose Bridal ... Clothing & Fashion Store EZ Duct, LLC. Factory

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4817
    Latitude
    35.6241

    FAQs

    What type of property is this?
    Medical Office Space - High visibility medical office building near Broadway Extension for sale.
    Where is this medical office space located?
    The property is located at 35 E 33rd St Edmond, OK.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: High visibility and accessibility just east of 33rd and Broadway Extension; Assumable SBA Loan - Contact for details; Seller willing to sign 5 year lease at closing
    (405) 445-5799 Call to check price and availability
    More about this property
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