Oklahoma City, OK
Commercial Real Estate Market Trends & Data

$190 per SF Avg asking sale price
$17 per SF Avg asking lease rate
18,996 SF Avg unit lease size
30,851 SF Avg building size for sale
7.44% 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%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Oklahoma City $193 21,527 SF 11.20%
Del City $236 10,485 SF 8.13%
Midwest City $166 14,947 SF 8.13%
The Village $123 5,601 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Oklahoma City $214 17,165 SF
Del City $142 12,932 SF
Midwest City $152 16,891 SF
The Village $360 17,276 SF
Spencer $157 7,000 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

Service Campus 25,286 SF | 5 Bldg | 4AC

Oklahoma City, OK

  • Industrial Building
  • $1,600,000
For Sale

Turnkey Highly Visible Auto Service Facility

Bethany, OK 73008

  • 7,208 SF Retail Building
  • Auction Sale
For Sale

96% Occupied | Heritage Ridge Apartments

Oklahoma City, OK 73127

  • 95,600 SF Multifamily
  • Auction Sale
For Sale

Apartment Conversion - Dowell Center

Oklahoma City, OK 73102

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

Broadway Flex

Oklahoma City, OK 73116

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

9124 N Council Rd

Oklahoma City, OK 73132

  • 5,793 SF Specialty
  • 5.85% Cap Rate
  • $5,383,624

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Exit Cap Rates in Commercial Real Estate
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Debt Service Coverage Ratio (DSCR) Calculator
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Qualified Improvement Property: Tax Rules for CRE Investors
Qualified Improvement Property: Tax Rules for CRE Investors
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Sales Comparison Approach
Sales Comparison Approach
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Save on Time, Construction and Labor Costs
Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
The 'Pet Clause' for Office Leases
The 'Pet Clause' for Office Leases
Lease Language for Landlords and Tenants

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 $190 30,851 SF
Forest Park $121 22,040 SF
Del City $157 27,531 SF
Nichols Hills $213 27,999 SF
Midwest City $155 22,161 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.

Nearby Market Trends