Gated Office
828 SW 66th Street, Oklahoma City, OK 73139
For Sale
New
$499,000
The renovated property includes dedicated parking and additional land for parking or development.
Property Size2,997 SF
Lot Size0.55 Acres
Price / SF$166.50
Days on Market2
Property Features for 828 SW 66th Street
General Information
Standard status
Size
Class
Lot size
Property subtype
Additional Details
Condition
Highway Access
Property Use
Amenities
gated access
Building Details
Building Size
Buildings
Listing Agency:
Fleske Commercial Group
Listed By:
Shonda Mobley · License OK #153109
(405) 625-7065
Source:
Commercialcafe
Added: Nov 8
Changed: Nov 9
Last Checked: Oct 4 at 5:59AM
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 Fleske Commercial Group
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.
This office property contains 2,997 SF on approximately 0.55 acres. The building has a functional layout and was recently renovated; gated access and dedicated parking are also on site. Additional land offers room for parking or development.
The property is at SW 66th Street and S Western Avenue, approximately 0.5 miles from I-240.
The property is at SW 66th Street and S Western Avenue, approximately 0.5 miles from I-240.
Key Highlights
- 2,997 SF office building on approximately 0.55 acres
- Recently renovated building with a functional layout
- Gated access and dedicated parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,639
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$852,780
$852.8K
Cap Rate 7%
$609,129
$609.1K
Cap Rate 9%
$473,767
$473.8K
Market Conditions
NOI Build-Up for 2,997 SF
Gross rent
$74.8K $24.96/SF
− Vacancy
−$18.0K −$5.99/SF
EGI
$56.9K $18.97/SF
− OpEx
−$14.2K −$4.74/SF
NOI
$42.6K $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%
$852,780
Cap Rate 7%
$609,129
Cap Rate 9%
$473,767
Alternative Uses
Best Use
Office B
$609.1K
$533.0K – $710.7K
NOI $42,639 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.02M
$896.9K – $1.20M
NOI $71,748 @ 7.0% cap · market cap 14.38%
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
Highway access
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
Explore this area
Business Placement
Demographics for 73139, OK
18,781
Population
8,790
Households
2.1
Avg Household Size
35
Median Age
15%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
4,268
Density / Sq Mi
$47,424
Median Household Income
$34,557
Median Earnings
$946
Median Rent
$164,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Oklahoma City, OK
Properties on Market for Office buildings in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - The renovated property includes dedicated parking and additional land for parking or development.
Where is this office building located?
The property is located at 828 SW 66th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,997 SF office building on approximately 0.55 acres; Recently renovated building with a functional layout; Gated access and dedicated parking
