2520 39Th St, Oklahoma City, OK 73112
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.