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Property profile & analytics
OFF-MARKET Estimated value $1,960,000
Medical Office Space

416 15th St Edmond, OK 73013-3747

9,992 SF 1.12 ac lot Built 2008
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US69-0716093
Property summary
AI-generated overview

This single-story, Class B office building, located at 416 W 15th St in Edmond, Oklahoma (zip code 73013), offers exceptional office space within the Signal Ridge Office Park. The property, situated on a 1.99-acre lot, boasts a total of 6,547 square feet and features three available contiguous office spaces ranging from 1,290 to 3,444 square feet. Each space offers a private entrance, providing excellent privacy and convenience for multiple tenants. Built in 1999 and renovated in 2004, the building is well-maintained and situated in a desirable, tree-lined location at the cross streets of W 15th & Fretz Ave. The property is locally managed and offers a Modified Gross lease, meaning tenants are responsible for utilities. The property's APN is R125891040. This presents a fantastic opportunity for businesses seeking flexible and well-appointed office space in a thriving Edmond location. The building's single-story design provides easy accessibility, while the divisible suites cater to a variety of business needs and sizes. Don't miss this chance to secure your ideal workspace in this attractive office park.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Construction WOOD FRAME
Total area 9,992 SF
Lot 1.12 ac (48,874 SF)
APN 12-589-1045
UPID US69-0716093
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
  • MATH Academy & Learning Center High School
  • Fusion Integration Electronics & Wireless Store
  • Dr. Savannah Stumph Pediatrician Medical Clinic
  • Kristen Callaway LMFT Counselor Emdr Psychotherapist
  • HealthMark Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.60M
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.96M
Owner & transaction history
Srd 700 LLC · 17 yrs held
Srd 700 LLC
since 2009
Last sale
$2.3M
6 recorded transactions
2020
Price N/A
2009
$2.0M
2007
$275,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.7M +42.5%
Neighborhood: shopping center $2.5M +28.4%
Retail stores $2.0M +5.1%
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