Freestanding Office
For Sale
$290,000
925 N Douglas Boulevard, Midwest City, OK 73130
Four private offices and a dedicated meeting room support a multi-room workplace layout.
Property Size1,600 SF
Price / SF$181.25
Days on Market8
Property Features for 925 N Douglas Boulevard
General Information
Standard status
Active
Size
1,600 SF
Total Parking Spaces
16
Property subtype
Office Freestanding
Space & Availability
Condition
Move-in Ready
Furnished
Yes
Additional Details
Road Access
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$2,620
Building Details
Building Size
1,600 SF
Year Built
2006
Buildings
1
Listing Agency:
Copper Creek Real Estate
Listed By:
Samuel Redenius
(405) 397-6015
Source:
Stetsonbentley
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 24 at 3:04PM
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 Copper Creek Real Estate
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Investment Insights
Based on property information with market context.
This 1,600-square-foot freestanding office building, constructed in 2006, contains four private offices and a conference room. The property is ADA compliant and includes three sinks. A paved parking area provides 16 spaces, and the building has 46 feet of frontage along N Douglas Boulevard in Midwest City.
The sale also includes office furniture and equipment: three desks, two storage cabinets, an eight-person conference table with chairs, 10 additional chairs, two large whiteboards, a storage rack, a security camera system, and a refrigerator.
The sale also includes office furniture and equipment: three desks, two storage cabinets, an eight-person conference table with chairs, 10 additional chairs, two large whiteboards, a storage rack, a security camera system, and a refrigerator.
Key Highlights
- 1,600‑square‑foot freestanding office building, built in 2006
- Four private offices and a conference room
- ADA compliant with three sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,094
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,880
$361.9K
Cap Rate 7%
$258,486
$258.5K
Cap Rate 9%
$201,044
$201.0K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$26.7K $16.68/SF
− Vacancy
−$2.6K −$1.60/SF
EGI
$24.1K $15.08/SF
− OpEx
−$6.0K −$3.77/SF
NOI
$18.1K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,880
Cap Rate 7%
$258,486
Cap Rate 9%
$201,044
Alternative Uses
Best Use
Office B
$258.5K
$226.2K – $301.6K
NOI $18,094 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.3K
$291.6K – $388.8K
NOI $23,328 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
Demographics for 73130, OK
21,536
Population
9,222
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
2,154
Density / Sq Mi
$69,617
Median Household Income
$41,798
Median Earnings
$1,143
Median Rent
$195,100
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 South region
Frequently Asked Questions
What type of property is this?
Office building - Four private offices and a dedicated meeting room support a multi-room workplace layout.
Where is this office building located?
The property is located at 925 N Douglas Boulevard Midwest City, OK.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1,600‑square‑foot freestanding office building, built in 2006; Four private offices and a conference room; ADA compliant with three sinks
