3701 N Meridian Avenue, Oklahoma City, OK 73112
MULTI_FAMILY - Oklahoma City, OK
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 3701 N Meridian Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 3701NMeridian73112
- Size
- 3,708 SF
- Lot size
- 0.30 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
Listing agent Mitra Senemar License #143837 (405) 834-2158
Listing office Senemar & Associates 205 E. Memorial RD, Oklahoma City, OK (405) 724-7003
Listing date Jun 11, 2026
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.
HighLights
- Two‑building commercial property: 3701 N. Meridian Ave and 3705 N. Meridian Ave (total 5,474 SF)
- Five suites total with 4 currently occupied and 1 vacant for immediate leasing or an owner‑user option
- Central Air with Natural Gas heating and Electric cooling
- Public water and public sewer service
- Located at the corner of NW 36th Street and North Meridian Avenue in northwest Oklahoma City
Overview
The site is positioned at the corner of NW 36th Street and North Meridian Avenue in northwest Oklahoma City. The listing notes strong visibility along a well-established commercial corridor, with surrounding uses described as medical, institutional, and professional. Access to major arterial roads and proximity to established residential neighborhoods are also highlighted.
For tenants and buyers, the multi-suite configuration can support a range of office, medical office, or service-oriented operations, with the benefit of existing separation into individual suites. With one suite available, there is an immediate leasing and owner-user opportunity without waiting for future buildout. Additional details, including the current rent roll, are available upon request, and private tours can be scheduled with advance notice.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.601507
- Latitude
- 35.508085
