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Attractive Office Building in Casady

9251 N Pennsylvania Place Oklahoma City Oklahoma City, OK 73120

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For Sale
$444,000

Office building in a commercial area, ideal for various users.

Type:Office
Property size:
2,368 SF
Price / SF:
$187/SF
Added:
Sep 25, 2025
Days on Market:
290
Last Refresh:
May 9 at 12:10 am

Property Features for 9251 N Pennsylvania Place Oklahoma City

General Information

Standard status
Active
Size
2,368 SF
Property subtype
Office

Building Details

Year Built
1983

Listing office

Listing date Sep 25, 2025

Source Tcnworldwide

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 Cordell C. Brown, CCIM, CIPS


Investment Insights

Based on property information with market context.

This attractive office building is located in a commercialized area. The 2,368 square foot building contains a reception area, a large conference room, one very large office, another large office, and three smaller offices. It also features a designated file room (which could also serve as an office), and a storage and electrical/server room. The layout lends itself well to being a two-suite office building with a common reception area and large conference room. The air conditioning and heating system have been totally replaced this year. Attractive landscaping and ample parking facilitate easy access to the property. The building is situated within the southwest section of Casady Square Shopping Center at Britton Road and North Pennsylvania but is privately owned and is not subject to any restrictions by the shopping center management or ownership. Numerous restaurants, retailers, and service providers are within walking distance. Access to I-44 is five minutes to the west on Britton Road, and it is located five minutes from Hefner Parkway. The building is suitable for general office use, accountant offices, law offices, private banking, real estate offices, title company offices, and many other office, retail, or non-profit uses. It is ideally located for office users from Nichols Hills and the surrounding areas.

Key Highlights

  • Prime location in a commercial area near Nichols Hills, with easy access to restaurants, retailers, and services.
  • Independent ownership within Casady Square Shopping Center, free from shopping center restrictions.
  • Versatile layout suitable for single or dual‑tenant occupancy with a reception area and large conference room.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.1k $24.96
− Vacancy −$14.2k −$5.99
EGI $44.9k $18.97
− OpEx −$11.2k −$4.74
NOI $33.7k $14.23
2,368 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$481.3K
$421.1K – $561.5K (±1% cap)
NOI $33,690 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$569.9K
$498.7K – $664.9K (±1% cap)
NOI $39,896 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Auto Parts Store Grocery & Convenience Store HVAC Service Accounting Firm Building Supply Big Box & Wholesale Store Skin Care Clinic Grocery & Convenience Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Office building - Office building in a commercial area, ideal for various users.
Where is this office building located?
The property is located at 9251 N Pennsylvania Place Oklahoma City Oklahoma City, OK.
What is the asking price?
The asking price for this property is $444,000.
What are key features of this property?
This property features: Prime location in a commercial area near Nichols Hills, with easy access to restaurants, retailers, and services.; Independent ownership within Casady Square Shopping Center, free from shopping center restrictions.; Versatile layout suitable for single or dual‑tenant occupancy with a reception area and large conference room.
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