Oklahoma City, OK
Commercial Real Estate Market Trends & Data

$198 Avg asking sale price
$301 Avg asking lease rate
27,849 SF Avg unit lease size
58,932 SF Avg building size for sale
7.51% Average cap rate

Oklahoma City's Demographic Profile

Oklahoma City has 285,486 households and a median income of $61,039, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 723,353
# Households 285,486
Median age 36
Median household income $61,039
Avg household size 2.0
Renter-occupied housing units 122,904
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Oklahoma City, OK

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Oklahoma City $190 91,369 SF 11.20%
Del City $243 10,485 SF 8.13%
Midwest City $153 15,445 SF 8.13%
The Village $132 5,601 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Oklahoma City $219 20,130 SF
Del City $153 21,694 SF
Midwest City $150 19,521 SF
The Village $294 14,812 SF
Spencer $160 23,500 SF

Commercial Properties For Sale in Oklahoma City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Value-Add High-Traffic Retail | Northwest OKC

Oklahoma City, OK 73132

  • 26,205 SF Retail Building
  • Auction Sale
For Sale

Value-Add MOB in Established Healthcare Hub

Oklahoma City, OK 73110

  • 18,238 SF Office Building
  • Auction Sale
For Sale

Former Streets, LLC HQ | Industrial Contractor Campus

Oklahoma City, OK

  • Industrial Building
  • $1,805,000
For Sale

Broadway Flex

Oklahoma City, OK 73116

  • 85,000 SF Flex Building
  • $445,000 - $1,430,000
For Sale

Apartment Conversion - Dowell Center

Oklahoma City, OK 73102

  • 210,000 SF Office Building
  • $12,500,000
For Sale

3030 NW 164th St

Edmond, OK 73013

  • 1.14 AC Lot
  • 1 Commercial Lot
  • $1,750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Oklahoma City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Oklahoma City $198 58,932 SF
Forest Park $129 16,867 SF
Del City $161 31,360 SF
Nichols Hills $210 674,037 SF
Midwest City $243 22,610 SF

Multifamily Properties For Sale in Oklahoma City

For Sale

Wilshire Point

Oklahoma City, OK 73116

  • 230,000 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Oklahoma City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Oklahoma City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Oklahoma City 723,353 285,486 36 $61,039 2 122,904 6%
Forest Park 1,032 423 52 $79,167 2 43 1%
Del City 21,127 8,552 37 $46,027 2 3,876 1%
Nichols Hills 3,893 1,602 48 $206,053 2 207 2%
Midwest City 57,168 23,605 37 $53,270 2 10,756 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Oklahoma City, OK and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Oklahoma City

View All Commercial Real Estate For Sale in Oklahoma City
Is Oklahoma City a good market for a first-time commercial real estate investor?

Oklahoma City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Oklahoma City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Oklahoma City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Oklahoma City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Oklahoma City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Oklahoma City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Oklahoma City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Oklahoma City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Oklahoma City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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