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    123 8Th St Oklahoma City, OK 73102

    Sponsored
    For Sale
    $4,030,000

    Class A Office, 13,000 SF, $4M

    Property size:
    13,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A executive office building, located at 123 NW 8th St in Oklahoma City, OK 73102, presents a compelling investment opportunity. The 13,000 square foot, two-story building, constructed in 1980, boasts on-site paid parking for added convenience. Currently listed at $4,030,000, this translates to a price per square foot of $310. The property is offered with a Net Net Net (NNN) lease structure at a rate of $25.00 per square foot. The building is fully furnished, including audio-visual equipment, making it immediately ready for occupancy. The property is available for purchase beginning March 1, 2025. This prime location in Oklahoma City offers excellent accessibility and visibility, making it an ideal investment for discerning buyers seeking a high-quality, turnkey executive office space. The building's Class A designation reflects its superior construction, amenities, and overall condition. This is a rare opportunity to acquire a well-maintained, fully furnished executive office building in a desirable Oklahoma City location. Don't miss this chance to own a profitable and prestigious commercial property.

    Property Features for 123 8Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    13,000 SF
    Class
    A

    Building Details

    Year Built
    1980
    Stories
    2

    HighLights

    • ±13,000 SF Class A executive office building.
    • On‑site paid parking.
    • 1980 construction, two‑story building.
    • $25.00/SF NNN lease rate; $4,030,000 sales price.
    Property Profile Location Intelligence

    Current Use by Public Records

    SMA Tandem Interior Designer Garvin Isaacs Law ... Attorney 89 Energy Oil And Gas Exploration Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5154598
    Latitude
    35.476401

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 13,000 SF, $4M
    Where is this office property / space located?
    The property is located at 123 8Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $4,030,000.
    What are key features of this property?
    This property features: ±13,000 SF Class A executive office building.; On-site paid parking.; 1980 construction, two-story building.
    Request Owner's contact information
    123 8Th St Oklahoma City, OK 73102
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    Oklahoma City, OK 73102
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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
    123 8Th St Oklahoma City, OK 73102
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