Back to Search
Versatile Commercial Space with Upgrades

807 NW 72nd St Oklahoma City, OK 73116

807 NW 72nd St, Oklahoma City, OK, 73116
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

1,820 SF commercial space with HVAC, restroom, and kitchen.

Property Size1,820 SF
Price / SF$271.98
AddedJul 11, 2024
Days on Market735
Last RefreshMay 12 at 11:35 pm

Property Features for 807 NW 72nd St

General Information

Standard status
Active
Size
1,820 SF
Property subtype
Special Purpose

Building Details

Year Built
2019

Listing office Blackstone Commercial

Listing date Jul 11, 2024

Source Crexi

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 Blackstone Commercial


Investment Insights

Based on property information with market context.

This commercial property offers a versatile space of 1,820 square feet, including a 1,400-square-foot ground floor and a 420-square-foot mezzanine. The ground floor, measuring 28 feet by 50 feet, can accommodate 4 to 6 standard-sized automobiles. Access is facilitated by a 12-foot by 12-foot automatic overhead door and a standard entry door. The space benefits from two upper east-facing windows and a sealed concrete floor. Upgraded options include HVAC, a mezzanine restroom, a mezzanine shower, and a kitchen equipped with stainless steel appliances and a quartz kitchen island. An alarm package, complete with an alarm and locking mailbox, is also included. Automated rafter-mounted winches are installed. Optional owner upgrades are available, such as furniture (couches, chairs, coffee table, dining table/chairs), three large LED TVs, and Sonos speakers with a subwoofer. The property is located at 807 NW 72nd St, Oklahoma City, OK 73116.

Key Highlights

  • 1,400 SF ground floor space accommodating 4‑6 vehicles.
  • Mezzanine with restroom and shower (420 SF).
  • HVAC system installed.

Local Financial Insights For Retail

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 $54.6k $30.00
− Vacancy −$3.3k −$1.80
EGI $51.3k $28.20
− OpEx −$15.4k −$8.46
NOI $35.9k $19.74
1,820 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$513.2K
$449.1K – $598.8K (±1% cap)
NOI $35,927 @ 7.0% cap · market cap 7.26%
Second Best
Flex RnD
$350.4K
$306.6K – $408.9K (±1% cap)
NOI $24,531 @ 7.0% cap · market cap 4.96%
Theoretical Best
Specialty Retail
$622.4K
$544.6K – $726.2K (±1% cap)
NOI $43,571 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kyle L. Griffith, ... Alternative Medicine Practice

Suggested Use

Auto Parts Store Hotel & Motel Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store Restaurant Catering Service Pet Grooming Service

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

FAQs

What type of property is this?
Parking lot & garage - 1,820 SF commercial space with HVAC, restroom, and kitchen.
Where is this parking lot & garage located?
The property is located at 807 NW 72nd St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,400 SF ground floor space accommodating 4‑6 vehicles.; Mezzanine with restroom and shower (420 SF).; HVAC system installed.
Contact an agent
(405) 850-0987 Call to check price and availability
More about this property
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