3775 NW 32nd Street, Newcastle, OK 73065
Modernized commercial building with versatile rooms and high visibility.
- Added:
- Sep 24, 2024
- Days on Market:
- 629
- Last Refresh:
- May 12 at 8:52 pm
Property Features for 3775 NW 32nd Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 1979
Listing agent Renee Ingram
Listing office Ingram Real Estate LLC (405) 422-5893
Listing date Sep 24, 2024
Source Xome
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 Ingram Real Estate LLC
HighLights
- Strategically located on SH37 with high visibility and ample traffic, ensuring excellent business recognition.
- Interior redesigned to accommodate 10 versatile rooms suitable for offices, treatment rooms, or retail displays.
- Durable construction with solid concrete block walls and updated corrugated metal siding.
- Significant electrical upgrades with new wiring throughout the building.
- All‑new low‑e windows for enhanced energy efficiency and natural light.
- Includes a well‑constructed above‑ground storm shelter for occupant safety.
Overview
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 | $22.9k | $15.24 |
| − Vacancy | −$5.9k | −$3.93 |
| EGI | $17.0k | $11.31 |
| − OpEx | −$4.2k | −$2.83 |
| NOI | $12.7k | $8.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newcastle
- County
- McClain
- State
- Oklahoma
- Longitude
- -97.6132
- Latitude
- 35.2445