Flex Space with Glass Overhead
For Sale
$835,000
8709 N Western Avenue, Oklahoma City, OK 73114
Vacant commercial space is available for owner occupancy or investment use.
Property Size2,576 SF
Price / SF$324.15
Days on Market327
Property Features for 8709 N Western Avenue
General Information
Standard status
Active
Size
2,576 SF
Property subtype
Commercial
Zoning
Commercial
Building Details
Building Size
2,576 SF
Year Built
1930
Stories
1
Listing Agency:
Silvernail Realty
Listed By:
Greg Silvernail · License #120747
(405) 470-1700
Source:
Eastwoodrealtygroup
Added: Dec 1, 2025
Changed: Oct 23
Last Checked: Oct 23 at 12:26PM
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 Silvernail Realty
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Investment Insights
Based on property information with market context.
Remodeled flex space offers 2,576 square feet of commercial area, two glass overhead doors, and four bathrooms. The property was built in 1930 and is zoned Commercial. Its current vacancy allows for owner occupancy or investment use.
Located at 8709 N Western Avenue in Oklahoma City, the property is presented as a commercial space that can serve a range of tenant needs.
Located at 8709 N Western Avenue in Oklahoma City, the property is presented as a commercial space that can serve a range of tenant needs.
Key Highlights
- 2,576 square feet of commercial flex space
- Two glass overhead doors
- Four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,720
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,400
$694.4K
Cap Rate 7%
$496,000
$496.0K
Cap Rate 9%
$385,778
$385.8K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$55.6K $21.60/SF
− Vacancy
−$2.2K −$0.86/SF
EGI
$53.4K $20.74/SF
− OpEx
−$18.7K −$7.26/SF
NOI
$34.7K $13.48/SF
Area
Oklahoma City, OK
Vacancy
4.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,400
Cap Rate 7%
$496,000
Cap Rate 9%
$385,778
Alternative Uses
Best Use
Flex RnD
$496.0K
$434.0K – $578.7K
NOI $34,720 @ 7.0% cap · market cap 4.16%
Second Best
Industrial
$223.7K
$195.8K – $261.0K
NOI $15,661 @ 7.0% cap · market cap 1.88%
Theoretical Best
Specialty Retail
$881.0K
$770.9K – $1.03M
NOI $61,669 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 73114, OK
18,694
Population
9,311
Households
2
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
1,968
Density / Sq Mi
$52,592
Median Household Income
$35,931
Median Earnings
$1,135
Median Rent
$134,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- What's Cooking — 337 W Wilshire Blvd C, Oklahoma City, OK 73116
Frequently Asked Questions
What type of property is this?
Flex space - Vacant commercial space is available for owner occupancy or investment use.
Where is this flex space located?
The property is located at 8709 N Western Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 2,576 square feet of commercial flex space; Two glass overhead doors; Four bathrooms
