Fully Leased Office
50 S Baumann Ave, Edmond, OK 73034
For Sale
New
Contact for pricing
The property sits just east of the University of Central Oklahoma and offers surface parking.
Property Size3,483 SF
Price / SF$258.40
Days on Market4
Property Features for 50 S Baumann Ave
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Tenant in Place
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Newmark Robinson Park | Oklahoma City
(405) 840-1500
Listed By:
Jay Cohlmia · License OK #175503
(405) 602-2989
Source:
Moodyscre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:45PM
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 Newmark Robinson Park | Oklahoma City
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,483-square-foot office building is fully leased and includes surface parking. Its location immediately east of the University of Central Oklahoma places the property near the university campus in Edmond, Oklahoma.
Key Highlights
- Fully leased 3,483‑square‑foot office building
- Immediately east of the University of Central Oklahoma
- Surface parking on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,389
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,780
$787.8K
Cap Rate 7%
$562,700
$562.7K
Cap Rate 9%
$437,656
$437.7K
Market Conditions
NOI Build-Up for 3,483 SF
Gross rent
$58.1K $16.68/SF
− Vacancy
−$5.6K −$1.60/SF
EGI
$52.5K $15.08/SF
− OpEx
−$13.1K −$3.77/SF
NOI
$39.4K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,780
Cap Rate 7%
$562,700
Cap Rate 9%
$437,656
Alternative Uses
Best Use
Office B
$562.7K
$492.4K – $656.5K
NOI $39,389 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$725.4K
$634.8K – $846.4K
NOI $50,781 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,305
Businesses Nearby
Explore this area
Business Placement
Demographics for 73034, OK
47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Office buildings in Edmond
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The property sits just east of the University of Central Oklahoma and offers surface parking.
Where is this office building located?
The property is located at 50 S Baumann Ave Edmond, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fully leased 3,483‑square‑foot office building; Immediately east of the University of Central Oklahoma; Surface parking on site
