New Flex Space with
For Sale
$850,000
7624 NW 79th Place, Oklahoma City, OK 73132
Commercial Sale, Oklahoma City, OK
Property Size4,000 SF
Lot Size0.45 Acres
Price / SF$212.50
Days on Market261
Property Features for 7624 NW 79th Place
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
Commercial
Directions
Take W Sheridan Ave to S Klein Ave Take I-40 W and S Council Rd to Silver Crossing Continue on Silver Crossing. Drive to NW 79th Place
Standard status
Active
APN
7624NW79th73132
Size
4,000 SF
Lot size
0.45 Acres
Utilities
Heating system
Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2025
Building materials
Brick, Metal Siding, Steel Siding
Listing Agency:
Metro First Realty Group
(405) 703-1333
Listed By:
Maribel J Orquiz · License #182872
(405) 568-9666
Added: Jan 19
Changed: Sep 13
Last Checked: Oct 7 at 4:06PM
MLS# 1210700
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.
Investment Insights
Based on property information with market context.
This 4,000-square-foot flex property is under construction with a warehouse-oriented layout and a dedicated office component. The building includes a private office, lobby, supply room, and restroom serving the office area, plus a second restroom in the warehouse. Three 12-by-14-foot overhead doors support loading and equipment access, while concrete floors and high ceilings accommodate storage, production, or equipment use. Brick, metal siding, and steel siding are specified among the construction materials, with natural gas heating and electric central air conditioning.
The property occupies 0.4513 acres in Silver Crossing Business Park in Northwest Oklahoma City. Access is provided to NW Expressway, Council Road, and the Kilpatrick Turnpike. Commercial zoning supports office, retail, medical, commercial, and light industrial uses as identified in the property information.
The property occupies 0.4513 acres in Silver Crossing Business Park in Northwest Oklahoma City. Access is provided to NW Expressway, Council Road, and the Kilpatrick Turnpike. Commercial zoning supports office, retail, medical, commercial, and light industrial uses as identified in the property information.
Key Highlights
- 4,000‑square‑foot flex building under construction, with a 2025 build year
- Three 12‑by‑14‑foot overhead doors for warehouse access
- Office area includes a 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.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Oklahoma City, OK
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Similar Off Market Nearby
- Swadley's Catering — 7156 NW 80th St, Oklahoma City, OK 73132
Frequently Asked Questions
What type of property is this?
Flex space - Commercial-zoned flex property combines warehouse capacity with dedicated administrative space 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‑square‑foot flex building under construction, with a 2025 build year; Three 12‑by‑14‑foot overhead doors for warehouse access; Office area includes a private office, lobby, supply room, and restroom
