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Renovated Office Building with Adjacent Lot
For Sale
$395,000

3700 Trellis Court, Oklahoma City, OK 73107

SINGLE_FAMILY - Oklahoma City, OK

Property Size1,324 SF
Price / SF$298.34
Days on Market55

Property Features for 3700 Trellis Court

General Information

Property type Residential
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
Listed By: Mitra Senemar · License #143837
Added: Jun 8 Changed: Jul 10 Last Checked: Aug 1 at 12:06PM
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.

Investment Insights

Based on property information with market context.

Move-in-ready, totally renovated commercial building at 3700 Trellis Court in Oklahoma City. The interior layout includes two walk-through entrances, two restrooms, and 3 to 4 private office spaces, supporting a flexible setup for a range of commercial uses.

The property is positioned directly across from the OSU Education Center and is described as having strong visibility and accessibility. The sale also includes the adjacent vacant lot, which provides approximately 280 feet of frontage (more or less), offering added flexibility for future expansion, additional parking, outdoor storage, redevelopment, or enhanced visibility along the corridor.

With zoning listed as Commercial and quick access to major highways including I-44 and I-40, this building and included land are presented as suitable for office, retail, commercial, or light industrial uses.

Key Highlights

  • Totally renovated commercial building built in 1941
  • Two walk‑through entrances and two restrooms
  • Includes 3 to 4 private office spaces

Financial Insights For Retail

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 $39.7k $30.00
− Vacancy −$2.4k −$1.80
EGI $37.3k $28.20
− OpEx −$11.2k −$8.46
NOI $26.1k $19.74
1,324 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$373.4K
$326.7K – $435.6K (±1% cap)
NOI $26,136 @ 7.0% cap · market cap 6.62%
Second Best
Office B
$269.1K
$235.5K – $314.0K (±1% cap)
NOI $18,837 @ 7.0% cap · market cap 4.77%
Theoretical Best
Specialty Retail
$452.8K
$396.2K – $528.3K (±1% cap)
NOI $31,697 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

374
Businesses Nearby

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

Market

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023
26.5% 2024
29.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Move-in-ready office building with 3–4 private offices, two restrooms, two walk-through entrances, plus an included vacant lot.
Where is this office building 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: Totally renovated commercial building built in 1941; Two walk‑through entrances and two restrooms; Includes 3 to 4 private office spaces
More about this property
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