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    Property profile & analytics

    3801 63Rd St Oklahoma City, OK 73116

    • Commercial real estate
    • 7,488 SF
    • 0.37 lot acres
    For Sale
    View listing
    $1,450,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0557533
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • DISPUTE BULL / Credit Counseling Service
    • Traczyk Richard DPM / Podiatrist
    • Al-Anon / Non-Profit Organization
    • Scimeca William H MD / Child Psychiatrist
    • Double Eagle Therapy / Physical Therapy Clinic / Mental Health Clinic

    Property Details for 3801 63Rd St

    Year built
    1977
    Construction
    BRICK
    Lot size
    0.37 lot acres
    Property size
    7,488 SF
    Property type
    Commercial real estate
    APN
    12-804-3000
    APU
    128043000

    Description

    This exceptional 14,976 square foot coworking space, located at 3801 NW 63rd St in Oklahoma City, Oklahoma, presents a fantastic opportunity for businesses seeking flexible and efficient office solutions. Built in 1977 and situated in Oklahoma County, this property offers 3,525 square feet of immediately available space within a multi-tenant building. The building boasts a generous parking ratio of 4.88 spaces per 1,000 square feet, ensuring ample parking for tenants and their clients. Enjoy the convenience of 24/7 access, climate-controlled environment, and twice-weekly light janitorial services, all included in the lease. There are no additional CAM charges, adding to the value and predictability of your operating costs. The owner is on-site and readily accepts deliveries, streamlining your business operations. Tenants are responsible for their own phone and internet services, allowing for customized connectivity solutions. This prime location in Oklahoma City, zip code 73116, offers easy access to major transportation routes and local amenities. This is an ideal space for businesses of all sizes seeking a modern, well-maintained, and cost-effective coworking environment. Contact us today to schedule a viewing and secure your space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $801,000
      Market price range: $802k - $1.67M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,115,000
      Current use
      MEDICAL BUILDING
      $1,170,000
      Change: +5% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,115,000
      Change: -0% Conversion: Difficult
      OFFICE BUILDING
      $960,000
      Change: -14% Conversion: Easy
      RETAIL STORES
      $925,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5874
    Latitude
    35.5374
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,822
    $8,310
    $23,040
    $31,350
    -
    $75,550
    $209,450
    $285,000

    Comparable in this City

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    • Value Estimation
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      26,498 SF

      6410 Avondale Dr

      COMMERCIAL (GENERAL) • 26,498 SF
      6410 Avondale Dr, Nichols Hills, OK 73116-6404
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      630 SF

      7100 Classen Blvd

      COMMERCIAL (GENERAL) • 630 SF
      7100 Classen Blvd, Oklahoma City, OK 73116-7151
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      7100 Classen Blvd

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      7100 Classen Blvd

      COMMERCIAL (GENERAL) • 330 SF
      7100 Classen Blvd, Oklahoma City, OK 73116-7151
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    • Value Estimation by Request
      801 SF

      3011 63rd St

      COMMERCIAL (GENERAL) • 801 SF
      3011 63rd St, Oklahoma City, OK 73116-3629
      View Details

    Similar Nearby for Sale

    • $1,450,000
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      Edgewater Office Park: Two Buildings

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      Developable Land in Nichols Hills

      1.3 acre of developable land in Nichols Hills.
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    • Contact for pricing

      Oklahoma City Land For Sale

      Land available for sale in Oklahoma City, Oklahoma.
      2220 NE 63Rd St, Oklahoma City, OK 73116
      View Details
    • $3,250,000
      58,232 SF

      Prime Development Land in Nichols Hills

      1.3 acres of developable land suitable for office or multi-family.
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    • $330,000
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      Renovated Condo Near Grand Blvd

      Fully furnished, renovated condo in prime Nichols Hills location.
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    Similar Nearby for Lease

    • $22 SF/Yr
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      Lakewood Shopping Center: OKC Retail

      Prime OKC Retail Center - High Visibility
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      Wilshire Blvd Office Suites

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    • $16 SF/Yr
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      Wilshire Gardens Office Suites

      Oklahoma City Executive Offices, 5 Suites Available
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    • $10 SF/Yr
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      Office Space Available For Rent

      Office space with 24/7 access and ample parking.
      3801 NW 63Rd St, Oklahoma City, OK 73116
      View Details
    • $27 SF/Yr
      547 SF

      Office Space For Rent

      Office spaces available, conveniently located near major highways.
      6421 Avondale Dr, Oklahoma City, OK 73116
      View Details
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    Oklahoma City, OK 73116
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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