Oklahoma City Metro Commercial Real Estate Insider
If you are considering listing a commercial property in the Oklahoma City Metro and want present to buyers you’re near some of the best restaurants, top retail stores, and possibly the famous Riverwalk, you would be hard-pressed to find a better market cycle than now to sell in the Oklahoma City commercial market.
The famed brick and sleek modern facilities can attract buyers on every corner in our historic city. Whether you’re a young investor looking to sell your first high-end property or established investors in search of an upgrade, you’ll find plenty of distinguished commercial property for sale in the Oklahoma City Metro market.
One of the best features about this beloved area? The fact that is has been – and will very likely remain – one of Oklahoma’s strongest commercial markets.
Rents are on the rise in multifamily and other property types which helps raise the average commercial sales price in the Oklahoma City Metro. A large portion of the city has Class B and C properties, investors have found opportunities for value-add projects. This alone has enticed several national investors who are looking for opportunities in the south region since larger metros like Houston, Dallas-Fort Worth, and Austin trade closer to a 6% cap rate. The average cap rate in the metro now ranges around 8%.
Meanwhile, the median sales price in the Oklahoma City Metro has elevated to $1.06M in 2021 with a population of 4.02M.
(Data from Oklahoma City Reports from CoStar and Crexi)
With commercial property values skyrocketing in the Oklahoma City commercial sector, now is the time to hire an Oklahoma City real estate broker who knows the ins and outs of the market who can help you achieve your investment dreams.
Contact me today and get your Oklahoma City commercial listings started and, in turn, find the next commercial property that meets your investing goals.
Fill out the contact form below to get your free commercial consultation today and receive my free Oklahoma City Commercial Market report: