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    1117 Douglas Blvd Oklahoma City, OK 73130

    Sponsored
    For Sale
    $5,347,603

    Three B-Class office buildings, vacant, high visibility.

    Property size:
    29,318 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents three vacant, multi-tenant office buildings totaling 29,318 square feet, situated at 1117 S Douglas Blvd in Oklahoma City, OK 73130. The portfolio consists of three single-story buildings, each classified as Class B, offering a combined 29,318 square feet of leasable space. Currently vacant, this property presents a unique chance to establish a thriving business or build a strong rental income stream. The asking price is $5,347,603, translating to $182.40 per square foot. The buildings are zoned for commercial use and boast a prime location just off S Douglas Boulevard, providing excellent visibility and convenient access to major thoroughfares. The property's multi-tenant configuration allows for flexibility in leasing arrangements, catering to diverse business needs. Ample parking is available, enhancing the convenience for tenants and visitors. The portfolio's modern amenities and prestigious location make it an ideal investment for those seeking a high-growth potential property in a thriving Midwest city. The property is suitable for various professional uses, including medical offices, storefronts, and traditional office spaces, offering a versatile investment opportunity. This is a rare chance to acquire a well-positioned, multi-building portfolio in a desirable Oklahoma City location.

    Property Features for 1117 Douglas Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    29,318 SF
    Class
    B

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • $5,347,603 asking price.
    • 29,318 square foot office and retail portfolio.
    • Class B, multi‑tenant property with vacant occupancy.
    • Three one‑story buildings located at 1117 S Douglas Blvd, Oklahoma City, OK 73130.
    • $182.40 per square foot.
    • Modified lease type.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Patrick Martin Family Practice Physician Orthopaedic and Sports Medicine ... Orthopedic Clinic Gary Dubois M.D. Nephrologist Ms. Porsha Richardson Nurse Practitioner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.3718336
    Latitude
    35.4538266

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    FAQs

    What type of property is this?
    Individual retail property - Three B-Class office buildings, vacant, high visibility.
    Where is this individual retail property located?
    The property is located at 1117 Douglas Blvd Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $5,347,603.
    What are key features of this property?
    This property features: $5,347,603 asking price.; 29,318 square foot office and retail portfolio.; Class B, multi-tenant property with vacant occupancy.
    Request Owner's contact information
    1117 Douglas Blvd Oklahoma City, OK 73130
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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
    1117 Douglas Blvd Oklahoma City, OK 73130
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