Four-Unit Office
For Sale
$500,000
9422 Westgate Road, Oklahoma City, OK 73162
Commercial Sale, Oklahoma City, OK
Property Size3,070 SF
Lot Size0.32 Acres
Price / SF$162.87
Days on Market51
Property Features for 9422 Westgate Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Accessibility
Accessible Approach with Ramp
Directions
Take Council Rd west. Turn right onto NW 94th St.Continue on NW 94th St. Turn right onto Westgate Rd. 9422 Westgate Rd will be on your left.
Standard status
Active
APN
9422NONEWestgateA,B,C,D73162
Size
3,070 SF
Lot size
0.32 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1981
Floors in Building
1
Listing Agency:
Metro First Realty
(405) 242-4004
Listed By:
Angela Phipps
(405) 476-6872
Added: Aug 16
Changed: Sep 11
Last Checked: Oct 5 at 6:06PM
MLS# 1244593
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,070-square-foot office building contains four units, each with a private entrance and separate utilities. Interior connections allow the spaces to function together as a single workplace or remain divided for multiple occupants. The property is 75% leased and includes established tenants. Commercial zoning supports its existing office configuration, while central air, electric cooling, electric heat, an accessible ramped approach, and public water serve the building. Constructed in 1981, the property occupies 0.3214 acres at 9422 Westgate Road in Oklahoma City.
The layout accommodates a range of professional office arrangements without requiring each unit to operate independently. Its combination of internal connectivity, separate utility service, and individual access provides practical flexibility for an owner-user or multi-occupant setup.
The layout accommodates a range of professional office arrangements without requiring each unit to operate independently. Its combination of internal connectivity, separate utility service, and individual access provides practical flexibility for an owner-user or multi-occupant setup.
Key Highlights
- 3,070‑square‑foot office building with four individual units
- Each unit has a private entrance and separate utilities
- Interior connections allow use as one office or multiple units
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
550
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Oklahoma City, OK
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office configuration supports separate occupants or a unified business operation with private entrances and individual utilities.
Where is this office building located?
The property is located at 9422 Westgate Road 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‑foot office building with four individual units; Each unit has a private entrance and separate utilities; Interior connections allow use as one office or multiple units
