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    20 38Th St Oklahoma City, OK 73105

    Sponsored
    For Sale
    $750,000

    5,000 SF Vacant Office Space

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,000 square foot Class B office building, located at 20 NE 38th St in Oklahoma City, OK 73105, presents a compelling investment opportunity. Built in 1957, this single-story structure boasts a convenient location off N Santa Fe Avenue, within the vibrant Santa Fe Industrial District. The property features eight private offices, a welcoming reception area, a dedicated break room, and two spacious bullpen areas, providing ample flexibility for various business needs. Significant storage space is also included. Employee parking is readily available in a recently paved lot. The asking price is $750,000, translating to $150 per square foot. The property is currently vacant, offering immediate occupancy for a new tenant or owner-occupier. The APN is R087274230. This property represents a strong value proposition in a desirable location, ideal for businesses seeking a well-maintained and functional office space. The building's layout and amenities are well-suited for a variety of office configurations. The convenient location and ample parking make this property highly attractive. Don't miss this chance to acquire a solid investment in a thriving Oklahoma City neighborhood.

    Property Features for 20 38Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,000 SF
    Class
    B

    Building Details

    Year Built
    1957
    Buildings
    1
    Stories
    1

    HighLights

    • $750,000 asking price for a 5,000 square foot office building.
    • Located in Oklahoma City, OK at 20 NE 38th St, APN R087274230.
    • Class B, vacant, traditional office building.
    • 1‑story building built in 1957, offering 8 private offices, reception area, break room, bullpen areas, storage, and ample parking.
    • $150/SF price, broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dodson Thompson Mansfield ... Legal Services DTM Outdoor Services Landscaper

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.511146108269
    Latitude
    35.50962971561

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    FAQs

    What type of property is this?
    Office Property / Space - 5,000 SF Vacant Office Space
    Where is this office property / space located?
    The property is located at 20 38Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for a 5,000 square foot office building.; Located in Oklahoma City, OK at 20 NE 38th St, APN R087274230.; Class B, vacant, traditional office building.
    (405) 850-0987
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    20 38Th St Oklahoma City, OK 73105
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    Oklahoma City, OK 73105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 38Th St Oklahoma City, OK 73105
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