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Property profile & analytics
OFF-MARKET Estimated value $2,060,000
Showrooms

400 Walker Ave Oklahoma City, OK 73102-1886

54,862 SF 2.17 ac lot Built 1929
Entity Owned 27-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-0680374
Property summary
AI-generated overview

The Metropolitan Building, a distinguished Class B office property in Oklahoma County's DBD submarket, presents a compelling investment opportunity. Constructed in 1929 and thoughtfully renovated in 2011, this three-story building boasts 64,077 square feet of traditional office space across a single building. The property features a convenient multiple tenancy structure, with 10 spaces currently available, ranging from 1,079 to 4,681 square feet, catering to diverse business needs. Located near the intersection of NW 4th Street, this prime location offers unparalleled walkability to essential services. Government buildings, including the Federal and District courthouse, as well as Oklahoma County and City buildings, are within easy reach. A vibrant array of dining and entertainment options further enhances the building's appeal. Ample parking is provided with 150 spaces available on-site, eliminating the parking challenges often associated with downtown locations. The building's classic design blends seamlessly with the historic character of the Downtown Business District, offering a prestigious address for businesses of all sizes. Competitive rental rates make this a highly attractive option for businesses seeking a well-maintained, conveniently located, and historically significant office space in the heart of Oklahoma City.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1929
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 54,862 SF
Lot 2.17 ac (94,612 SF)
APN 01-001-8904
UPID US69-0680374
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
  • D & R Reporting & Video, Inc. | Court Reporting Services Law Firm
  • Law Office of Kristen Hartman Law Firm
  • Electra Digital Design Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
  • The Presidents Club Consultant
  • ALSAC/St. Jude Children's Research Hospital Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$2.06M
Owner & transaction history
400 North Walker LLC · 27 yrs held
400 North Walker LLC
since 1999
7 recorded transactions
2020
Price N/A
2013
Price N/A
2012
Price N/A
2004
Price N/A
1999
$620,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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