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2520 39Th St Oklahoma City, OK 73112

OFF-MARKET Office Spaces Google Maps
9,000 SF 0.6 ac lot Built 1981
Estimated value
No estimation on file for this property yet.
Property ID US69-2298911

Property summary

AI-generated overview

This exceptional two-story office building, totaling 9,000 square feet, presents a compelling investment opportunity in Oklahoma City. Strategically located near I-44, it enjoys high visibility and easy access. Built in 1981 and fully renovated in 2020, the property features a modern design with multiple suites, a common break room, and a conference room. Currently, three tenants occupy 50% of the space under a gross lease, with a one-year lease term. The building sits on a 0.6-acre lot and is zoned O-2. The asking price is $989,750, translating to $109.97 per square foot. The property boasts a new energy-efficient TPO roof. The building's layout is ideal for a variety of tenants, with the potential for increased occupancy. An attractive feature is the possibility of an immediate leaseback, providing a secure income stream for the new owner. This presents a rare chance to acquire a well-maintained, centrally located office building with significant upside potential in a thriving Oklahoma City market. The four units are spread across two stories, offering flexibility for various business needs. This is a Class B property with a multi-tenant occupancy.

Property profile

Verified
Property type Office Spaces
Year built 1981
Total area 9,000 SF
Lot 0.6 ac (26,136 SF)
UPID US69-2298911

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Roofing Company General Contractor
  • Furniture & Home Goods
  • Waste Management Facility Hazardous Waste Disposal

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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