Log In/Sign Up
Your email has been sent.
405 W 2nd St 5,000 SF 100% Leased Office Building Edmond, OK 73003 $1,089,424 CAD ($217.88 CAD/SF) 7.40% Cap Rate
Investment Highlights
- Perfect owner operated property
- Close to downtown Edmond
- Office and warehouse needs
Executive Summary
Currently 100% leased but seller will no longer occupy the property after sale which will leave 2000 square feet open after sell for owner user, consisting of 3 offices, bathroom, kitchenette and large warehouse with garage bay and extra bathroom, adjacent to outdoor storage yard. Front three offices are currently rented. Do not disturb tenants.
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,000 SF
Building Class
B
Year Built
1997
Price
$1,089,424 CAD
Price Per SF
$217.88 CAD
Cap Rate
7.40%
NOI
$80,617 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.29
Lot Size
0.39 AC
Zoning
E-1 - 405 W 2nd St currently zoned E-1 Retail General Commercial.
Parking
16 Spaces (3.2 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Numbers | Total Assessment | $147,115 CAD (2025) | |
| Land Assessment | $15,014 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $132,101 CAD (2025) | Tax Year | 2027 |
Property Taxes
Parcel Numbers
Land Assessment
$15,014 CAD (2025)
Improvements Assessment
$132,101 CAD (2025)
Total Assessment
$147,115 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2027
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
405 W 2nd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.