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Day Care Center with Four Rooms
For Sale
$550,000

9228 N Rockwell, Oklahoma City, OK 73132

Commercially zoned property with a lobby, kitchen, four bathrooms, and a fenced outdoor area.

Property Size3,000 SF
Lot Size0.48 Acres
Price / SF$183.33
Days on Market13

Property Features for 9228 N Rockwell

General Information

Standard status Active
Size 3,000 SF
Lot size 0.48 Acres
Property subtype Commercial
Zoning Commercial

Additional Details

Highway Access Yes

Building Details

Building Size 3,000 SF
Year Built 1980
Listing Agency: Coldwell Banker Select
Listed By: Jessica Hamilton
Source: Eastwoodrealtygroup
Added: Oct 14 Changed: Oct 26 Last Checked: Oct 26 at 3:48AM

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 Coldwell Banker Select

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Investment Insights

Based on property information with market context.

This 3,000-square-foot day care property sits on a 0.48-acre lot and was built in 1980. The interior includes a front lobby, four rooms, four bathrooms, a kitchen, washer and dryer hookups, and storage. A small fenced backyard adds outdoor space, and the building includes an area that could accommodate an overhead door installation.

The property is zoned Commercial, with access to I-40 and NW Expressway. The layout and existing features provide a range of functional spaces within the building.

Key Highlights

  • 3,000‑square‑foot building on a 0.48‑acre lot
  • Four rooms, four bathrooms, a lobby, and a kitchen
  • Small fenced backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,682
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,640 $853.6K
Cap Rate 7%
$609,743 $609.7K
Cap Rate 9%
$474,244 $474.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$74.9K $24.96/SF
− Vacancy
−$18.0K −$5.99/SF
EGI
$56.9K $18.97/SF
− OpEx
−$14.2K −$4.74/SF
NOI
$42.7K $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%
$853,640
Cap Rate 7%
$609,743
Cap Rate 9%
$474,244

Alternative Uses

Best Use
Office B
$609.7K
$533.5K – $711.4K (±1% cap)
NOI $42,682 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$897.8K – $1.20M (±1% cap)
NOI $71,820 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Auto Parts Store Garden Center Storage Facility

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73132, OK

28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value

Market

Vacancy Rate% for Office in Oklahoma City, OK

10.8% 2023
26.5% 2024
29.6% 2025

Frequently Asked Questions

What type of property is this?
Day care center - Commercially zoned property with a lobby, kitchen, four bathrooms, and a fenced outdoor area.
Where is this day care center located?
The property is located at 9228 N Rockwell Oklahoma City, OK.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,000‑square‑foot building on a 0.48‑acre lot; Four rooms, four bathrooms, a lobby, and a kitchen; Small fenced backyard
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