New Flex
For Sale
$850,000
7624 NW 79th Place, Oklahoma City, OK 73132
Newly built space combines administrative areas with an open warehouse, two restrooms, and multiple overhead loading doors.
Property Size4,000 SF
Days on Market268
Property Features for 7624 NW 79th Place
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Special Purpose
Building Details
Building Size
4,000 SF
Year Built
2025
Listing Agency:
Metro First Realty Group
Listed By:
Maribel J Orquiz · License #182872
(405) 568-9666
Source:
Stetsonbentley
Added: Jan 19
Changed: Sep 28
Last Checked: Oct 13 at 1:30AM
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 Metro First Realty Group
Investment Insights
Based on property information with market context.
Completed in 2025, this 4,000-square-foot flex property combines a front office component with an open warehouse area. The office portion includes a private office, lobby, supply room, and restroom, while a second restroom serves the warehouse. Three 12-foot by 14-foot overhead doors support loading and access for equipment, inventory, or production activities. Concrete floors and high ceilings add practical utility throughout the warehouse.
The building is located within Silver Crossing Business Park in Northwest Oklahoma City, near NW Expressway, Council Road, and the Kilpatrick Turnpike. The stated use range includes office, retail, medical, commercial, and light industrial applications, providing flexibility for a range of business operations.
The building is located within Silver Crossing Business Park in Northwest Oklahoma City, near NW Expressway, Council Road, and the Kilpatrick Turnpike. The stated use range includes office, retail, medical, commercial, and light industrial applications, providing flexibility for a range of business operations.
Key Highlights
- 4,000 sq. ft. flex building completed in 2025
- Three 12’x14’ overhead doors
- Office area includes private office, lobby, supply room, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,909
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,180
$1.1M
Cap Rate 7%
$812,986
$813.0K
Cap Rate 9%
$632,322
$632.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$99.8K $24.96/SF
− Vacancy
−$24.0K −$5.99/SF
EGI
$75.9K $18.97/SF
− OpEx
−$19.0K −$4.74/SF
NOI
$56.9K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,180
Cap Rate 7%
$812,986
Cap Rate 9%
$632,322
Alternative Uses
Best Use
Office B
$813.0K
$711.4K – $948.5K
NOI $56,909 @ 7.0% cap · market cap 6.70%
Second Best
Flex RnD
$770.2K
$673.9K – $898.6K
NOI $53,914 @ 7.0% cap · market cap 6.34%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $95,760 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
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Frequently Asked Questions
What type of property is this?
Flex space - Newly built space combines administrative areas with an open warehouse, two restrooms, and multiple overhead loading doors.
Where is this flex space located?
The property is located at 7624 NW 79th Place Oklahoma City, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,000 sq. ft. flex building completed in 2025; Three 12’x14’ overhead doors; Office area includes private office, lobby, supply room, and restroom
