Office Building with Adjacent
720 Southeast 12th Street, Moore, OK 73160
For Sale
Contact for pricing
A covered main entry and paved parking area serve the freestanding property.
Property Size3,550 SF
Lot Size1.25 Acres
Price / SF$154.65
Days on Market14
Property Features for 720 Southeast 12th Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Buildings
Construction
Listing Agency:
EXP Realty
Listed By:
Erica Lewis · License OK #181575
(405) 618-3764
Source:
Crexi
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 3:12PM
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 EXP Realty
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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.
At 720 Southeast 12th Street, the freestanding office building contains 3,550 square feet and was built in 2000. Brick construction, a sheltered main entrance and established landscaping shape the property’s exterior. A large concrete parking area serves the building, and the property includes approximately 1.25 acres overall.
An adjacent vacant lot is part of the offering. The additional land may allow for expansion, parking or other improvements, subject to zoning, permitting and municipal approvals. The property is in Moore, within the Oklahoma City metropolitan area.
An adjacent vacant lot is part of the offering. The additional land may allow for expansion, parking or other improvements, subject to zoning, permitting and municipal approvals. The property is in Moore, within the Oklahoma City metropolitan area.
Key Highlights
- 3,550‑square‑foot freestanding office building
- Approximately 1.25 acres, including an adjacent vacant lot
- Built in 2000 with brick exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,858
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,160
$897.2K
Cap Rate 7%
$640,829
$640.8K
Cap Rate 9%
$498,422
$498.4K
Market Conditions
NOI Build-Up for 3,550 SF
Gross rent
$76.7K $21.60/SF
− Vacancy
−$16.9K −$4.75/SF
EGI
$59.8K $16.85/SF
− OpEx
−$15.0K −$4.21/SF
NOI
$44.9K $12.64/SF
Area
ZIP 73160
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,160
Cap Rate 7%
$640,829
Cap Rate 9%
$498,422
Alternative Uses
Best Use
Office B
$640.8K
$560.7K – $747.6K
NOI $44,858 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$858.1K
$750.8K – $1.00M
NOI $60,066 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
Demographics for 73160, OK
60,511
Population
25,055
Households
2.4
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
2,828
Density / Sq Mi
$76,407
Median Household Income
$41,156
Median Earnings
$1,245
Median Rent
$189,000
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Cleveland County, OK
Properties on Market for Office buildings in Cleveland County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A covered main entry and paved parking area serve the freestanding property.
Where is this office building located?
The property is located at 720 Southeast 12th Street Moore, OK.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,550‑square‑foot freestanding office building; Approximately 1.25 acres, including an adjacent vacant lot; Built in 2000 with brick exterior
