Multi-Tenant Commercial Building For
For Sale
Contact for pricing
3801 NW 63rd St Bldg 2 & 3, Oklahoma City, OK 73116
Multi-tenant commercial building with upside potential in high-traffic location.
Property Size14,976 SF
Lot Size0.74 Acres
Price / SF$91.81
Days on Market173
Property Features for 3801 NW 63rd St Bldg 2 & 3
General Information
Standard status
Active
Size
14,976 SF
Class
C
Total Parking Spaces
44
Lot size
0.74 Acres
Property subtype
Office
Zoning
C-3
Occupancy
70%
Lease Type
Modified Gross
Investment Type
Value Add
Net Operating Income
$49,885
Building Details
Year Built
1977
Year Renovated
2019
Buildings
2
Stories
2
Units
25
Tenancy
Multi
Listing Agency:
Fidelity Real Estate Brokers
(405) 205-7585
Listed By:
Andi Bytyqi · License #OK 154932
Source:
Crexi
Added: Feb 21
Changed: Aug 9
Last Checked: Aug 11 at 5:14PM
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 Fidelity Real Estate Brokers
Investment Insights
Based on property information with market context.
This multi-tenant commercial building is situated on a 32,016 square foot lot and zoned C-3. The property is located along the highly trafficked NW 63rd Street corridor and benefits from strong visibility. The building, which is approximately 70% leased, features flexible suite configurations and immediate upside potential. It contains 25 configurable suites. The building generates $97,871 in gross annual income and approximately $49,885 net operating income. Stabilized proforma would generate closer to $98,000. Leases are modified gross with one to three year terms, and most include 3% annual increases. Approximately 4,854 square feet is available, creating immediate lease-up opportunity. Current asking lease rates of $10 per square foot are below market. Approximately 1,919 square feet is available on the first floor, 1,404 square feet of which is functioning as a Hair Salon. An additional 2,935 square foot space is available upstairs, currently separated in 5 units. Any of the spaces can be connected or separated to fit your needs. Recent capital improvements include a new 20-year warranty roof installed in 2019, three of eight five-ton HVAC units replaced within the past six years, and a full LED lighting retrofit converting all T8 fluorescent fixtures to energy-efficient LED tubes. The property benefits from approximately 49,400 vehicles per day, strong accessibility, and long-term repositioning potential. Located within a quarter mile of major intersections and surrounded by national and regional retailers, the 14,976 square foot property is ideal for both investors and owner-occupants.
Key Highlights
- High‑traffic location on NW 63rd Street with approximately 49,400 vehicles per day and strong visibility.
- Immediate upside potential through lease‑up of approximately 4,854 SF of available space.
- Existing income generation of $97,871 gross annual income and approximately $49,885 NOI with potential to increase to a stabilized proforma of approximately $98,000.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,222
Businesses Nearby
Explore this area
Business Placement
Demographics for 73116, OK
9,531
Population
4,966
Households
1.9
Avg Household Size
43
Median Age
54%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
1,733
Density / Sq Mi
$81,563
Median Household Income
$53,528
Median Earnings
$1,136
Median Rent
$285,200
Median Home Value
Market
Vacancy Rate% for Office in Oklahoma City, OK
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 - Multi-tenant commercial building with upside potential in high-traffic location.
Where is this office building located?
The property is located at 3801 NW 63rd St Bldg 2 & 3 Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: High‑traffic location on NW 63rd Street with approximately 49,400 vehicles per day and strong visibility.; Immediate upside potential through lease‑up of approximately 4,854 SF of available space.; Existing income generation of $97,871 gross annual income and approximately $49,885 NOI with potential to increase to a stabilized proforma of approximately $98,000.
