Office Building with Two-Side
For Sale
$545,000
Pending
8104 Nw 122 Street, Oklahoma City, OK 73142
Separate electrical, HVAC, and water systems serve each side of the office.
Property Size3,120 SF
Days on Market13
Property Features for 8104 Nw 122 Street
General Information
Standard status
Pending
Size
3,120 SF
Zoning
Commercial
Additional Details
Utilities to Site
Yes
Property Use
Office
Amenities
reception areas
storage
Public
0.33
Asphalt
Building Details
Year Built
1984
Stories
1
Listing Agency:
Metro First Realty
(405) 242-4004
Listed By:
Debra Wilson
(405) 919-6978
Source:
Flotillarealestate
Added: Oct 19
Changed: Oct 30
Last Checked: Oct 31 at 3:52AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1984, this 3,120-square-foot office building is arranged in two sides, each with four offices and a reception area. One side has two bathrooms, including one HDA bathroom; the other has one HDA bathroom. Each side has separate electrical, HVAC, and water systems. Storage space and heavy metal doors at both the front and rear complete the interior and access features.
The property has a large parking area and fronts NW 122 Street, where traffic flow is described as heavy. Commercial zoning supports its office use.
The property has a large parking area and fronts NW 122 Street, where traffic flow is described as heavy. Commercial zoning supports its office use.
Key Highlights
- 3,120 square feet; built in 1984
- Two sides, each with four offices and a reception area
- Separate electrical, HVAC, and water systems for each side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,389
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,780
$887.8K
Cap Rate 7%
$634,129
$634.1K
Cap Rate 9%
$493,211
$493.2K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$77.9K $24.96/SF
− Vacancy
−$18.7K −$5.99/SF
EGI
$59.2K $18.97/SF
− OpEx
−$14.8K −$4.74/SF
NOI
$44.4K $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%
$887,780
Cap Rate 7%
$634,129
Cap Rate 9%
$493,211
Alternative Uses
Best Use
Office B
$634.1K
$554.9K – $739.8K
NOI $44,389 @ 7.0% cap · market cap 8.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.07M
$933.7K – $1.24M
NOI $74,693 @ 7.0% cap · market cap 13.71%
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
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 73142, OK
16,461
Population
7,997
Households
2.1
Avg Household Size
37
Median Age
59%
College-Educated
97%
High-School Grad
7.8 sq mi
ZIP Area
2,110
Density / Sq Mi
$73,966
Median Household Income
$53,904
Median Earnings
$1,211
Median Rent
$344,600
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
Frequently Asked Questions
What type of property is this?
Office building - Separate electrical, HVAC, and water systems serve each side of the office.
Where is this office building located?
The property is located at 8104 Nw 122 Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 3,120 square feet; built in 1984; Two sides, each with four offices and a reception area; Separate electrical, HVAC, and water systems for each side
