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    4900 Richmond Sq Oklahoma City, OK 73118

    For Sale
    $3,250,000

    Executive Office Building, Oklahoma City

    Property size:
    27,847 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional three-story brick office building, totaling 27,847 square feet, presents a compelling investment opportunity in Oklahoma City's thriving Northwest business district. Located at 4900 Richmond Square, 73118, this 17-unit property boasts a prime location with high visibility from I-44 (100,600 vehicles per day), offering excellent advertising potential. Constructed in 1983 and renovated in 2010, the building features individually controlled HVAC units and updated suites, ensuring comfort and efficiency for tenants. The property sits on a 1.797-acre lot and is zoned C-3. Historically, occupancy has remained above 90% for the past two decades, demonstrating strong tenant demand and consistent rental income. Its central location provides easy access to major arteries, placing it near prominent landmarks such as Valiant Tower, 50 Penn Place, and Penn Square Mall, while remaining minutes from downtown. The asking price is $3,250,000, translating to $127.85 per square foot. This is a rare opportunity to acquire a well-maintained, high-performing office building in a highly desirable location. Immediate occupancy is available.

    Property Features for 4900 Richmond Sq

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    27,847 SF
    Lot Size
    78,277 SF

    Building Details

    Year Built/Renovated
    1983/2010
    Units
    17

    HighLights

    • Prime Location
    • Locally Owned and Operated
    • ADA‑compliant, Updated Suites
    • Available for Immediate Occupancy
    • Individual HVAC Units
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clyde Anderson Family Law Attorney Phoenix Mortgage Group Mortgage Broker Babcock Chiropractic Clinic Chiropractor Brent H. Babcock, ... Chiropractor Your Property Stop Real Estate Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.540591
    Latitude
    35.5204332

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Building, Oklahoma City
    Where is this office property / space located?
    The property is located at 4900 Richmond Sq Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: Prime Location; Locally Owned and Operated; ADA-compliant, Updated Suites
    Request Owner's contact information
    4900 Richmond Sq Oklahoma City, OK 73118
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    Oklahoma City, OK 73118
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    Realmo Value Estimation

    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.

    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.

    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
    4900 Richmond Sq Oklahoma City, OK 73118
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