5421 SW 27th St
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5421 SW 27th St
3,970 SF Office Building Oklahoma City, OK 73128 £290,153 (£73/SF)
Investment Highlights
- Free Standing Building
- Recently Remodeled
- Existing Furniture Can Be Included
- Ample Parking, Corner Lot
- Highly Visible Polyn Sign
Executive Summary
The property has been recently updated in the summer of 2023 with a professionally sound exterior and remodeling of the interior. Built to cater to various usage purposes. The complex is a freestanding structure that spans over 3,970 SF and features two main entrances. The utilities and mechanical systems of the property are designed in such a way that they can be easily divided into two separate units, providing a new owner with a competitive edge as a user or landlord. The fully air-conditioned property comprises 4 bathrooms, a kitchen, workroom areas, offices, and reception. The property's corner lot location is strategically positioned and is equipped with a tall, sturdy pylon sign and dual frontage, making it easily accessible to customers and employees and providing ample parking space.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£37,681
|
£9.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£37,681
|
£9.49
|
| Taxes |
£3,052
|
£0.77
|
| Operating Expenses |
£3,114
|
£0.78
|
| Total Expenses |
£6,166
|
£1.55
|
| Net Operating Income |
£31,514
|
£7.94
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £37,681 |
| Annual Per SF | £9.49 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £37,681 |
| Annual Per SF | £9.49 |
| Taxes | |
|---|---|
| Annual | £3,052 |
| Annual Per SF | £0.77 |
| Operating Expenses | |
|---|---|
| Annual | £3,114 |
| Annual Per SF | £0.78 |
| Total Expenses | |
|---|---|
| Annual | £6,166 |
| Annual Per SF | £1.55 |
| Net Operating Income | |
|---|---|
| Annual | £31,514 |
| Annual Per SF | £7.94 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,970 SF
Building Class
B
Year Built/Renovated
1984/2023
Price
£290,153
Price Per SF
£73
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
3,970 SF
Building FAR
0.23
Land Acres
0.40 AC
Parking
25 Spaces (6.3 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Kitchen
- Reception
- Storage Space
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 124191060 | Total Assessment | £26,205 (2023) |
| Land Assessment | £2,849 (2023) | Annual Taxes | £3,052 (£0.77/sf) |
| Improvements Assessment | £23,356 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
124191060
Land Assessment
£2,849 (2023)
Improvements Assessment
£23,356 (2023)
Total Assessment
£26,205 (2023)
Annual Taxes
£3,052 (£0.77/sf)
Tax Year
2024
-
Zack Conroy -
Greg Banta -
BANTA Property Group
(405) 840-1600
x13
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5421 SW 27th St
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