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Shared Office Suite with Private Offices
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D-1019 Waterwood Pkwy, Edmond, OK 73034

Affordable private offices with shared reception, conference room, kitchenette, and restroom facilities.

Property Size1,800 SF
Price / SF$0.28
Days on Market208

Property Features for D-1019 Waterwood Pkwy

General Information

Standard status Active
Size 1,800 SF

Additional Details

Office Units 2
Listing Agency: 4Two Realty
Listed By: Brian Coombs
Source: Exprealty
Added: Mar 23 Changed: Oct 2 Last Checked: Oct 15 at 4:36AM

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 4Two Realty

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Investment Insights

Based on property information with market context.

This shared office suite offers two private offices, each designed for independent work while using common amenities. The setup includes access to a reception area, a large conference room, and shared facilities that include a kitchenette and a bathroom.

Located at D-1019 Waterwood Pkwy in Edmond, OK, the space is configured to support teams that want private rooms without taking on the expense and upkeep of a fully independent office environment.

For tenants, the combination of private office space and shared conference/reception areas supports a practical day-to-day workflow—meeting clients, collaborating with teammates, and handling administrative needs from the same centralized suite. Whether you need one enclosed office or prefer to utilize both private offices together, the shared layout keeps space utilization flexible while maintaining access to the core common areas included with the suite.

Key Highlights

  • Shared office suite with access to reception area, large conference room, kitchenette, and restroom
  • 2 private offices, approx 120 SF each
  • Rent options: $500 for 1 office or $950 for both offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,356
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,120 $407.1K
Cap Rate 7%
$290,800 $290.8K
Cap Rate 9%
$226,178 $226.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$30.0K $16.68/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$27.1K $15.08/SF
− OpEx
−$6.8K −$3.77/SF
NOI
$20.4K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,120
Cap Rate 7%
$290,800
Cap Rate 9%
$226,178

Alternative Uses

Best Use
Office B
$290.8K
$254.5K – $339.3K (±1% cap)
NOI $20,356 @ 7.0% cap · market cap 4,071.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$374.9K
$328.0K – $437.4K (±1% cap)
NOI $26,243 @ 7.0% cap · market cap 5,248.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Coworking space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

1,419
Businesses Nearby

Demographics for 73034, OK

47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Coworking space - Affordable private offices with shared reception, conference room, kitchenette, and restroom facilities.
Where is this coworking space located?
The property is located at D-1019 Waterwood Pkwy Edmond, OK.
What are key features of this property?
This property features: Shared office suite with access to reception area, large conference room, kitchenette, and restroom; 2 private offices, approx 120 SF each; Rent options: $500 for 1 office or $950 for both offices
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