Renovated Flex Space with
For Sale
$395,000
3700 Trellis Court, Oklahoma City, OK 73107
Commercial Sale, Oklahoma City, OK
Property Size1,324 SF
Price / SF$298.34
Days on Market142
Property Features for 3700 Trellis Court
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Directions
FROM NW 10TH & PORTLAND GO SOUTH ON PORTLAND, BUILIDING IS ON THE SW CORNER PORTLAND AND TRELLIS.
Standard status
Active
APN
3700NONETrellis73107
Size
1,324 SF
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1941
Floors in Building
1
Listing Agency:
Senemar & Associates
(405) 724-7003
Listed By:
Mitra Senemar
(405) 834-2158
Added: Jun 8
Changed: Oct 22
Last Checked: Oct 27 at 12:06AM
MLS# 1232915
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.
This 1,324-square-foot flex space has been renovated and configured with 3 to 4 private offices, two restrooms, and two walk-through entrances. The property is zoned Commercial and includes natural gas heating, central air, electric cooling, public water, and public sewer. The stated use potential includes office, professional, retail, service, commercial, and light industrial applications.
An adjacent vacant lot is included in the sale, adding approximately 280 feet of frontage, more or less. The property is directly across from the OSU Education Center and offers access to I-44 and I-40. The building was constructed in 1941.
An adjacent vacant lot is included in the sale, adding approximately 280 feet of frontage, more or less. The property is directly across from the OSU Education Center and offers access to I-44 and I-40. The building was constructed in 1941.
Key Highlights
- 1,324‑square‑foot renovated flex space
- 3 to 4 private offices and 2 restrooms
- Two walk‑through entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,136
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,720
$522.7K
Cap Rate 7%
$373,371
$373.4K
Cap Rate 9%
$290,400
$290.4K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$39.7K $30.00/SF
− Vacancy
−$2.4K −$1.80/SF
EGI
$37.3K $28.20/SF
− OpEx
−$11.2K −$8.46/SF
NOI
$26.1K $19.74/SF
Area
Oklahoma City, OK
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,720
Cap Rate 7%
$373,371
Cap Rate 9%
$290,400
Alternative Uses
Best Use
Retail
$373.4K
$326.7K – $435.6K
NOI $26,136 @ 7.0% cap · market cap 6.62%
Second Best
Office B
$269.1K
$235.5K – $314.0K
NOI $18,837 @ 7.0% cap · market cap 4.77%
Theoretical Best
Specialty Retail
$452.8K
$396.2K – $528.3K
NOI $31,697 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
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?
Flex space - Renovated commercial space includes private offices, two entrances, restrooms, and access to public water and sewer.
Where is this flex space located?
The property is located at 3700 Trellis Court Oklahoma City, OK.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,324‑square‑foot renovated flex space; 3 to 4 private offices and 2 restrooms; Two walk‑through entrances
