Live-Work Property with
For Sale
$895,000
411 NW 5th Street, Oklahoma City, OK 73102
Commercial Sale, Oklahoma City, OK
Property Size7,875 SF
Lot Size0.23 Acres
Price / SF$113.65
Days on Market552
Property Features for 411 NW 5th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Directions
SE Corner of NW 5th St & Hudson Ave, downtown OKC. Just west of public parking lot.
Standard status
Active
APN
411NW5th73102
Size
7,875 SF
Lot size
0.23 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric
Water source
Public
Amenities
private rooftop patio
kitchenette
fenced-in storage area
video surveillance cameras
monitored alarm system
large roll-up garage door
Building Details
Year built
1953
Floors in Building
2
Building materials
Brick
Listing Agency:
Copper Creek Real Estate
(405) 888-9902
Listed By:
Micah Davis
(405) 509-3516
Added: Apr 21, 2025
Changed: Oct 20
Last Checked: Oct 24 at 6:06PM
MLS# 1165935
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 7,875-square-foot live-work property contains three distinct spaces. The upper level is a furnished 2,250-square-foot apartment with two bedrooms, two full bathrooms, a private rooftop patio, and a small elevator. The office area includes a kitchenette, two bathrooms, and a connecting two-car garage. A separate warehouse offers high ceilings, a roll-up garage door, and a fenced storage area behind the building.
A private parking lot sits just east of the building. Restaurants and businesses are within walking distance. The property has 14 video surveillance cameras and a monitored alarm system. Built in 1953, the brick building sits on 0.2282 acres and is zoned Commercial. Public water and public sewer serve the property. The sale is on an as-is basis.
A private parking lot sits just east of the building. Restaurants and businesses are within walking distance. The property has 14 video surveillance cameras and a monitored alarm system. Built in 1953, the brick building sits on 0.2282 acres and is zoned Commercial. Public water and public sewer serve the property. The sale is on an as-is basis.
Key Highlights
- 7,875‑square‑foot property with furnished 2,250‑square‑foot apartment, office space, and warehouse
- Apartment includes 2 bedrooms, 2 full baths, a rooftop patio, and a small elevator
- Office area has a kitchenette, 2 bathrooms, and a connecting 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,518
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,360
$1.3M
Cap Rate 7%
$950,257
$950.3K
Cap Rate 9%
$739,089
$739.1K
Market Conditions
NOI Build-Up for 7,875 SF
Gross rent
$127.6K $16.20/SF
− Vacancy
−$6.6K −$0.84/SF
EGI
$120.9K $15.36/SF
− OpEx
−$54.4K −$6.91/SF
NOI
$66.5K $8.45/SF
Area
Oklahoma City, OK
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,360
Cap Rate 7%
$950,257
Cap Rate 9%
$739,089
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.87M
NOI $112,039 @ 7.0% cap · market cap 12.52%
Second Best
Mixed Use
$1.55M
$1.36M – $1.81M
NOI $108,675 @ 7.0% cap · market cap 12.14%
Theoretical Best
Specialty Retail
$2.69M
$2.36M – $3.14M
NOI $188,528 @ 7.0% cap · market cap 21.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
5,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 73102, OK
3,072
Population
1,460
Households
2.1
Avg Household Size
35
Median Age
27%
College-Educated
86%
High-School Grad
0.8 sq mi
ZIP Area
3,840
Density / Sq Mi
$67,542
Median Household Income
$37,067
Median Earnings
$1,253
Median Rent
$212,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Live-work space - The property combines furnished residential space, offices, warehouse area, and dedicated parking.
Where is this live-work space located?
The property is located at 411 NW 5th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7,875‑square‑foot property with furnished 2,250‑square‑foot apartment, office space, and warehouse; Apartment includes 2 bedrooms, 2 full baths, a rooftop patio, and a small elevator; Office area has a kitchenette, 2 bathrooms, and a connecting 2‑car garage
