Prestigious Office Property in
9505 N Kelley Ave Oklahoma City, OK 73131
For Sale
Contact for pricing
High-end office building with modern amenities and tranquil pond view.
Property Size14,740 SF
Price / SF$255
Days on Market863
Property Features for 9505 N Kelley Ave
General Information
- Standard status
- Active
- Size
- 14,740 SF
- Property subtype
- Office
Building Details
- Year Built
- 2011
Listing Agency:
Blackstone Commercial
(405) 850-0987
Listed By:
David Bohanon · License #138167
Source:
Crexi
Added: Mar 15, 2024
Changed: Jul 6
Last Checked: Jul 25 at 7:47AM
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.
Located at 9505 N Kelley Ave in Oklahoma City, this commercial office property offers 14,740 square feet of space. Constructed in 2011, the property features high-end finishes and modern amenities. The roof, dormers, and gutters were replaced in June 2024. Overlooking a pond, the location provides a tranquil setting. The property includes ample space for offices, conference rooms, and collaborative areas, offering versatility to accommodate various business needs.
Key Highlights
- 14,740 sq ft of meticulously designed commercial office space.
- Modern amenities and high‑end finishes throughout.
- Roof, dormers and gutters replaced in June 2024.
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 | $367.9k | $24.96 |
| − Vacancy | −$88.3k | −$5.99 |
| EGI | $279.6k | $18.97 |
| − OpEx | −$69.9k | −$4.74 |
| NOI | $209.7k | $14.23 |
14,740 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.00M
$2.62M – $3.50M
NOI $209,709 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.04M
$4.41M – $5.88M
NOI $352,876 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hiltgen & Brewer PC
Law Firm
Bower Brock C
Law Firm
Lemonik Norman
Law Firm
FAQs
What type of property is this?
Office building - High-end office building with modern amenities and tranquil pond view.
Where is this office building located?
The property is located at 9505 N Kelley Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,758,700.
What are key features of this property?
This property features: 14,740 sq ft of meticulously designed commercial office space.; Modern amenities and high‑end finishes throughout.; Roof, dormers and gutters replaced in June 2024.
