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Property profile & analytics
FOR LEASE
Commercial real estate

11900 N Macarthur Blvd Oklahoma City, OK 73162

3,380 SF 1.48 ac lot Built 2018
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US69-1007527
Property summary
AI-generated overview

Spring Oak Office Park, located at 11900 N MacArthur Blvd in Oklahoma City, OK 73162, offers exceptional office space for lease. This single-story, 2018-built property sits on 1.5 acres and boasts 64 total parking spaces, ensuring ample convenience for tenants and their clients. The building features a variety of suite sizes, ranging from a minimum of 165 square feet to a maximum contiguous space of 2,150 square feet, making it suitable for businesses of all sizes. The flexible floor plans accommodate multiple tenants and include desirable features such as 9-foot ceilings, custom finishes, granite and tile surfaces, attractive woodwork, and built-in storage. Common areas are well-appointed, including break rooms, conference rooms, and a reception area. The property is zoned for office use and is conveniently located in Oklahoma County, offering easy access to Lake Hefner Parkway and Kilpatrick Turnpike. Its prime location near various restaurants, medical facilities, banks, and hotels provides added convenience and accessibility. This is a fantastic opportunity to secure modern, well-equipped office space in a thriving Oklahoma City location. Available for immediate lease.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2018
Total area 3,380 SF
Lot 1.48 ac (64,512 SF)
APN 19-100-2000
UPID US69-1007527
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MKS Consulting Counselor
  • Hometown Neurodiagnostics LLC Corporate Office
  • A Bounce Above Party Supply Store Rental Equipment Company
  • Goosehead Insurance - Michael Falen Insurance Agency
  • PAN-OP NDT, LLC Oilfield
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
$700k
Comparable Approach Comparable
$751k
Blend (final) Blend
$565k
Owner & transaction history
Hemani Properties LLC · 11 yrs held
Hemani Properties LLC
since 2015
3 recorded transactions
2017
Price N/A
2015
$450,000
2005
$385,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $530,000 +10.4%
Auto repair, garage $505,000 +5.1%
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