416 W 15th Street building 500, Edmond, OK 73013
Office building with rental income and owner-user potential.
- Added:
- Jul 17, 2025
- Days on Market:
- 330
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 416 W 15th Street building 500
General Information
- Standard status
- Active
- Size
- 4,724 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agent Corey Hale License #183307
Listing office Skybridge Real Estate
Listing date Jul 17, 2025
Source Crexi
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 Skybridge Real Estate
HighLights
- Significant rental income: $47,544.00 per year.
- Suite C (1,581 sq ft) available for owner‑user or additional rental income.
- Largest tenant lease expires 2/28/2028.
- Monthly rental income: $3,962.00.
- Property built in 1999.
- Current yearly expenses: $29,294.00.
Overview
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 | $78.8k | $16.68 |
| − Vacancy | −$7.6k | −$1.60 |
| EGI | $71.2k | $15.08 |
| − OpEx | −$17.8k | −$3.77 |
| NOI | $53.4k | $11.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5049558
- Latitude
- 35.4843479
