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    Corner Office and Medical Suites Title is generated by Realmo AI

    3701 N Meridian Ave, Oklahoma City, OK 73112

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    For Sale
    $950,000

    Two-building suite property with four occupied offices and one vacant space, suited for office, medical, or service use.

    Property size:
    3,708 SF
    Price / SF:
    $256/SF
    Added:
    Jun 11, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 20 at 2:53 am

    Property Features for 3701 N Meridian Ave

    General Information

    Standard status
    Active
    Size
    3,708 SF

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    Mitra Senemar
    Mitra Senemar

    Listing office Senemar & Associates

    Listing date Jun 11, 2026

    Source Exprealty

    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 Senemar & Associates

    HighLights

    • Two‑building commercial property at the corner of NW 36th St and North Meridian Ave in northwest Oklahoma City
    • Total 5 suites: 4 currently occupied and 1 vacant, offering leasing or owner‑user flexibility
    • Addresses include 3701 N. Meridian Ave and 3705 N. Meridian Ave
    • Total building size is 5,474 SF across both buildings
    • Suites are suited for office, medical, or service‑oriented uses

    Overview

    This corner property includes two office buildings at 3701 N. Meridian Avenue and 3705 N. Meridian Avenue, offering a total of five suites. Four suites are currently occupied and one suite is vacant, creating immediate flexibility for an owner-user or a new tenant. The combined total building size is 5,474 square feet, with the configuration supporting office, medical, or service-oriented operations.

    Positioned at the intersection of NW 36th Street and North Meridian Avenue in northwest Oklahoma City, the buildings benefit from strong visibility along a well-established commercial corridor. The area is characterized by medical, institutional, and professional uses, and the property also provides convenient access to major arterial roads. Nearby stable residential neighborhoods further support day-to-day accessibility.

    For tenants and buyers seeking a multi-suite setup, the combination of occupied and available space can support a range of strategies, from moving into a vacant suite to operating alongside existing users within the same asset. For detailed financials, including the current rent roll, and to coordinate a private tour, please contact the listing team. Please do not disturb tenants.

    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 $92.6k $24.96
    − Vacancy −$22.2k −$5.99
    EGI $70.3k $18.97
    − OpEx −$17.6k −$4.74
    NOI $52.8k $14.23
    3,708 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $753.6K
    $659.4K – $879.2K (±1% cap)
    NOI $52,754 @ 7.0% cap · market cap 5.55%
    Second Best
    Healthcare Medical
    $748.9K
    $655.3K – $873.7K (±1% cap)
    NOI $52,421 @ 7.0% cap · market cap 5.52%
    Theoretical Best
    Specialty Retail
    $1.27M
    $1.11M – $1.48M (±1% cap)
    NOI $88,770 @ 7.0% cap · market cap 9.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Capps Van & Truck ... Car Rental Facility Jim Hoffhines - State ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.6019196
    Latitude
    35.4275839

    FAQs

    What type of property is this?
    Office units - Two-building suite property with four occupied offices and one vacant space, suited for office, medical, or service use.
    Where is this office units located?
    The property is located at 3701 N Meridian Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Two‑building commercial property at the corner of NW 36th St and North Meridian Ave in northwest Oklahoma City; Total 5 suites: 4 currently occupied and 1 vacant, offering leasing or owner‑user flexibility; Addresses include 3701 N. Meridian Ave and 3705 N. Meridian Ave
    More about this property
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