4-Unit Office
For Sale
$500,000
9422 Westgate Road #A B C D, Oklahoma City, OK 73162
Four connected suites can operate together or accommodate separate occupants, with individual entrances and utility service.
Property Size3,070 SF
Price / SF$162.87
Days on Market83
Property Features for 9422 Westgate Road #A B C D
General Information
Standard status
Active
Size
3,070 SF
Property subtype
Commercial
Zoning
Commercial
Occupancy
100%
Additional Details
Utilities to Site
Yes
Office Units
4
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
3,070 SF
Year Built
1981
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Owner Occupied
No
Listing Agency:
Chamberlain Realty LLC
(405) 300-0543
Listed By:
Angela Phipps
(405) 476-6872
Source:
Brandhorstrealty
Added: Aug 16
Changed: Nov 5
Last Checked: Nov 6 at 3:18AM
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 Chamberlain Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1981, this 3,070-square-foot office property contains four units, each with a private entrance and separate utilities. Interior connections allow the spaces to function as one office or remain divided among occupants. The property is zoned Commercial and is located at 9422 Westgate Road in Oklahoma City.
All four units are leased to long-standing tenants, providing current occupancy. The address is 9422 Westgate Road #A, B, C, D, Oklahoma City, OK 73162.
All four units are leased to long-standing tenants, providing current occupancy. The address is 9422 Westgate Road #A, B, C, D, Oklahoma City, OK 73162.
Key Highlights
- 3,070 square feet of office space
- Four units with private entrances and separate utilities
- Interior connections allow the four units to operate as one office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,798
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,960
$756.0K
Cap Rate 7%
$539,971
$540.0K
Cap Rate 9%
$419,978
$420.0K
Market Conditions
NOI Build-Up for 3,070 SF
Gross rent
$66.3K $21.60/SF
− Vacancy
−$15.9K −$5.18/SF
EGI
$50.4K $16.42/SF
− OpEx
−$12.6K −$4.10/SF
NOI
$37.8K $12.31/SF
Area
ZIP 73162
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,960
Cap Rate 7%
$539,971
Cap Rate 9%
$419,978
Alternative Uses
Best Use
Office B
$540.0K
$472.5K – $630.0K
NOI $37,798 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.24M
$1.08M – $1.44M
NOI $86,487 @ 7.0% cap · market cap 17.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 73162, OK
28,867
Population
12,454
Households
2.3
Avg Household Size
44
Median Age
47%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
4,066
Density / Sq Mi
$89,984
Median Household Income
$48,451
Median Earnings
$1,147
Median Rent
$234,800
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Oklahoma City, OK
Properties on Market for Office buildings in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Office building - Four connected suites can operate together or accommodate separate occupants, with individual entrances and utility service.
Where is this office building located?
The property is located at 9422 Westgate Road #A B C D Oklahoma City, OK.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,070 square feet of office space; Four units with private entrances and separate utilities; Interior connections allow the four units to operate as one office
