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    Prestigious Office Property in Oklahoma Title is generated by Realmo AI

    9505 N Kelley Ave, Oklahoma City, OK 73131

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    High-end office building with modern amenities and tranquil pond view.

    Type:Office
    Property size:
    14,740 SF
    Price / SF:
    $255/SF
    Added:
    Mar 15, 2024
    Days on Market:
    818
    Last Refresh:
    May 12 at 9:58 pm

    Property Features for 9505 N Kelley Ave

    General Information

    Standard status
    Active
    Size
    14,740 SF
    Property subtype
    Office

    Building Details

    Year Built
    2011

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    Listing Contact
    David Bohanon

    Listing agent David Bohanon License #138167

    Listing office Blackstone Commercial

    Listing date Mar 15, 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

    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.
    • Built in 2011.
    • Versatile space for offices, conference rooms, and collaborative areas.
    • Serene pond view.

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $352,876 @ 7.0% cap · market cap 9.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hiltgen & Brewer PC Law Firm Bower Brock C Law Firm Lemonik Norman Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4964898
    Latitude
    35.5676579

    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.
    More about this property
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