Midtown Office
For Sale
$6,250,000
915 & 923 North Robinson Ave, Oklahoma City, OK 73102
Office buildings at 915 and 923 N Robinson Ave offer a for-sale opportunity in Midtown Oklahoma City.
Property Size28,310 SF
Days on Market164
Property Features for 915 & 923 North Robinson Ave
General Information
Standard status
Active
Size
28,310 SF
Class
B
Property subtype
Office
Building Details
Building Size
28,310 SF
Listing Agency:
Price Edwards and Company
Listed By:
Craig Tucker
(405) 641-3218
Source:
Tcnworldwide
Added: May 14
Changed: Oct 7
Last Checked: Oct 24 at 1:52PM
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 Price Edwards and Company
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Investment Insights
Based on property information with market context.
This offering includes office buildings located at 915 and 923 North Robinson Ave in Oklahoma City. The property is presented as a for-sale purchase opportunity for an owner/user.
The asset is positioned in Midtown, within the Oklahoma City area, providing a compact portfolio of office space across the two addresses.
Additional property details such as unit mix, size, and condition are not provided in the available information.
The asset is positioned in Midtown, within the Oklahoma City area, providing a compact portfolio of office space across the two addresses.
Additional property details such as unit mix, size, and condition are not provided in the available information.
Key Highlights
- Office buildings for sale at 915 N Robinson Ave and 923 N Robinson Ave in Midtown Oklahoma City
- Owner/user opportunity featuring two separate office properties listed together
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$402,772
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,055,440
$8.1M
Cap Rate 7%
$5,753,886
$5.8M
Cap Rate 9%
$4,475,244
$4.5M
Market Conditions
NOI Build-Up for 28,310 SF
Gross rent
$706.6K $24.96/SF
− Vacancy
−$169.6K −$5.99/SF
EGI
$537.0K $18.97/SF
− OpEx
−$134.3K −$4.74/SF
NOI
$402.8K $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%
$8,055,440
Cap Rate 7%
$5,753,886
Cap Rate 9%
$4,475,244
Alternative Uses
Best Use
Office B
$5.75M
$5.03M – $6.71M
NOI $402,772 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.68M
$8.47M – $11.30M
NOI $677,741 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,828
Businesses Nearby
Explore this area
Business Placement
Demographics for 73102, OK
3,072
Population
1,460
Households
2.1
Avg Household Size
35
Median Age
27%
College-Educated
86%
High-School Grad
0.8 sq mi
ZIP Area
3,840
Density / Sq Mi
$67,542
Median Household Income
$37,067
Median Earnings
$1,253
Median Rent
$212,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Office buildings at 915 and 923 N Robinson Ave offer a for-sale opportunity in Midtown Oklahoma City.
Where is this office building located?
The property is located at 915 & 923 North Robinson Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Office buildings for sale at 915 N Robinson Ave and 923 N Robinson Ave in Midtown Oklahoma City; Owner/user opportunity featuring two separate office properties listed together
