Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 Park Ave Oklahoma City, OK 73102

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $93 SF/Yr
    Lot size:
    13,457 SF

    Property Features for 101 Park Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,457 SF
    Class
    A
    Total Rate
    104291.75

    Building Details

    Year Renovated
    2019

    Spaces For Lease

    at 101 Park Ave, Oklahoma City, OK 73102 Contact us
    Unit Virtual office

    $93 /Mo

    Size
    54 SF
    Contact us
    Unit Flexible coworking membership

    $93 /Mo

    Size
    108 SF
    Contact us
    Unit Flexible office membership

    $207 /Mo

    Size
    108 SF
    Contact us
    Unit Coworking space

    $292 /Mo

    Size
    328 SF
    Contact us
    Unit Private office for 1 person

    $424 /Mo

    Size
    538 SF
    Contact us
    Unit Private office for 2 people

    $613 /Mo

    Size
    538 SF
    Contact us
    Unit Private office for 3 people

    $915 /Mo

    Size
    646 SF
    Contact us
    Unit Private office for 5 people

    $2,181 /Mo

    Size
    807 SF
    Contact us
    Unit Open plan office space for + 10 people

    $3,049 /Mo

    Size
    1,184 SF
    Contact us
    Unit Private office for 4 people

    $1,217 /Mo

    Size
    646 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Midwest Regus Us
    Midwest Regus Us

    Listing Agency: Regus Listing Agent: Midwest Regus Us

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Appliance Fixx Oklahoma ... Home Appliance Store U.S. Bank-Joe Thompson-Mortgage ... Loan Service U.S. Bank-Tony Roberts-Mortgage ... Loan Service U.S. Bank-Tyler Sorrels-Mortgage ... Loan Service U.S. Bank-Sharon Foxhoven-Mortgage ... Loan Service

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5148253
    Latitude
    35.4689936

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      OK, Oklahoma City - N May Ave

      Discover many ways to work your way in San Marco
      5600 May Ave, Oklahoma City, OK 73112
      View Details
    • New
      $1,900 /Mo
      1,765 SF

      Oklahoma City Office Space Available

      Office suites available for lease in Oklahoma City.
      6418 N Santa Fe Ave, Oklahoma City, OK 73116
      View Details
    • $10,150 /Mo
      8,713 SF

      Oklahoma City Office Space Available

      Office space featuring a kitchen, meeting room, and training area.
      1624 SW 122Nd St, Oklahoma City, OK 73170
      View Details
    • $1,000 /Mo
      10,000 SF

      Oklahoma City Automotive Shops For Lease

      Automotive shops for lease, ideal for car-related businesses.
      5959 NW 39Th Expy, Oklahoma City, OK 73122
      View Details
    • $4,700 /Mo
      3,170 SF

      Oklahoma City Office Space For Rent

      Office space in a sought-after location in southwest Oklahoma City.
      1630 SW 122Nd St, Oklahoma City, OK 73170
      View Details
    • New
      $1,150 /Mo
      182 SF

      Office Space in Casady Square

      Office spaces with shared amenities in a high-traffic shopping center.
      9251 N Pennsylvania Pl, Oklahoma City, OK 73120
      View Details
    • $2,820 /Mo
      1,410 SF

      Commercial Building in Paseo District

      Commercial building permitted for restaurant use with parking and kitchen.
      436 NW 30Th St, Oklahoma City, OK 73118
      View Details
    • Contact for pricing
      16,050 SF

      Stand Alone Facility with Billboard

      Renovated office and warehouse with fenced lot and billboard.
      3750 Service Rd, Oklahoma City, OK 73160
      View Details
    • Contact for pricing

      New Duplex with Modern Amenities

      Brand new 3-bedroom, 2-bath duplex with modern features and appliances.
      1216 NW 113Th St, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      9,928 SF

      Oklahoma City Industrial Complex

      Three-building office-warehouse complex with versatile space for various industrial uses.
      2317 S Eastern Ave, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      5,000 SF

      Oklahoma City Industrial Gem

      5,000 SF Warehouse, 2 Acres
      3500 East Wilshire Boulevard Oklahoma City, OK 73121, Oklahoma City, OK 73121
      View Details
    • Contact for pricing
      1,200 SF

      Historic Building Office/Retail Space

      Prime downtown location with flexible office and retail spaces.
      701 W Sheridan Ave, Oklahoma City, OK 73102
      View Details

    FAQs

    Where is this office space located?
    The property is located at 101 Park Ave Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $0.00-$3,049 SF/Yr.
    What are key features of this property?
    This property features: Tailored office spaces available from 1 to 100+ desks.; Coworking spaces offer shared office or open-plan areas; hot desking and dedicated desks available.; Meeting rooms are available for various needs, from informal chats to large conferences.
    Request Owner's contact information
    101 Park Ave Oklahoma City, OK 73102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Park Ave
    Oklahoma City, OK 73102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    101 Park Ave Oklahoma City, OK 73102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Midwest Regus Us
    Midwest Regus Us
    Learn more
    Google sign-in failed. Please try again or use another login method.