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Midwest City Former Dental Office
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8811 E Reno Ave, Midwest City, OK 73110

Former dental office in Midwest City, Oklahoma for sale/lease.

Property Size2,456 SF
Price / SF$132.33
Days on Market1285

Property Features for 8811 E Reno Ave

General Information

Standard status Active
Size 2,456 SF
Property subtype Office

Building Details

Year Built 1986
Listing Agency: Equity Commercial Realty Advisors, LLC
Listed By: David Lide · License #OK 130274
Source: Crexi
Added: Jan 23, 2023 Changed: Jul 6 Last Checked: Jul 30 at 1:44PM

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 Equity Commercial Realty Advisors, LLC

Investment Insights

Based on property information with market context.

Located in Midwest City, Oklahoma, this property was formerly a dental office. The property is situated within a medical park on the north side of Reno Avenue, west of North Douglas Boulevard. The property contains approximately 2,456 square feet. The property is available for sale or lease.

Key Highlights

  • Former dental office space, ready for immediate occupancy or adaptation.
  • Located in a well‑maintained Medical Park.
  • Situated in the growing community of Midwest City, OK.

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.0k $16.68
− Vacancy −$3.9k −$1.60
EGI $37.0k $15.08
− OpEx −$9.3k −$3.77
NOI $27.8k $11.31
2,456 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$396.8K
$347.2K – $462.9K (±1% cap)
NOI $27,775 @ 7.0% cap · market cap 8.55%
Second Best
Healthcare Medical
$364.0K
$318.5K – $424.7K (±1% cap)
NOI $25,481 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$511.5K
$447.6K – $596.8K (±1% cap)
NOI $35,808 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply Grocery & Convenience Store Auto Repair Shop Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73110, OK

33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Amber Oaks Veterinary Hospital — 9209 E Reno Ave, Midwest City, OK 73130

Frequently Asked Questions

What type of property is this?
Medical Office Space - Former dental office in Midwest City, Oklahoma for sale/lease.
Where is this medical office space located?
The property is located at 8811 E Reno Ave Midwest City, OK.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Former dental office space, ready for immediate occupancy or adaptation.; Located in a well‑maintained Medical Park.; Situated in the growing community of Midwest City, OK.
(405) 361-2100 Call to check price and availability
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