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    Property profile & analytics

    6040 Western Ave Oklahoma City, OK 73118

    • Commercial real estate
    • 46,140 SF
    • 1.84 lot acres
    For Lease
    View listing
    $21 SF/Yr
    Value Estimation
    $885,000
    Location Intelligence
    Property ID
    US69-0665518
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6040 Western Ave

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    1.84 lot acres
    Property size
    46,140 SF
    Property type
    Commercial real estate
    APN
    13-306-0080
    APU
    133060080

    Description

    This exceptional Class A office building, situated on the Expand Energy Campus, offers 52,649 square feet of prime space for lease. The building boasts a total of 120 offices, with five available suites, each a minimum of 10,529 square feet. Currently, 52,645 square feet are vacant, providing significant flexibility for businesses seeking substantial office space. Each floor offers approximately 10,529 square feet, with a similarly sized basement area also available. The building's strategic location places it within walking distance of Oklahoma City's most upscale shopping destinations, including The Triangle at Classen Curve, Classen Curve, and Nichols Hills Plaza. This rapidly developing area is experiencing significant growth with new high-density residential and hotel projects nearby, creating a vibrant and convenient environment for businesses and employees. The property presents a unique opportunity to establish a presence in a thriving, upscale area of Oklahoma City. The building's size and layout offer significant potential for a variety of business configurations, making it an ideal location for companies seeking a prestigious and well-located office space. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $835,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,085,000
      6.5%
      $1,240,000
      7%
      $1,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,225,000
      Geo Method
      $995,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $930,000
      Retail
      $1,225,000
      Mixed-Use
      $990,000
      Hospitality
      $1,125,000
      Educational
      $985,000
      Residential Income
      $945,000
      Energy
      $915,000
      Income-Based Land
      $1,105,000
      Food Service
      $1,235,000

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5287
    Latitude
    35.534
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $64,422
    $52,801
    $471,719
    $524,520
    -
    $480,018
    $4,288,353
    $4,768,371

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    Similar Nearby for Lease

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    6040 Western Ave
    Oklahoma City, OK 73118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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