Industrial Flex Building with Overhead
New
For Sale
$650,000
100 NE 24th Street, Oklahoma City, OK 73105
COMMERCIAL - Oklahoma City, OK
Property Size8,613 SF
Lot Size0.31 Acres
Price / SF$75.47
Days on Market2
Property Features for 100 NE 24th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Industrial
Directions
From NE 23rd street, turn north on Oklahoma Avenue and property is the SE corner of NE 24 th and Oklahoma ave.
Standard status
Active
APN
100NE24th73105
Size
8,613 SF
Lot size
0.31 Acres
Building Details
Year built
1957
Listing Agency:
Metro First Realty
(405) 242-4004
Listed By:
Louis Gonzales · License #132506
(405) 401-9542
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 2:06PM
MLS# 1242338
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Oklahoma City flex property contains 8,613 square feet across an original concrete block building and a later metal structure added in and around 1981. The original building dates to 1957. The metal portion provides tall ceilings, broad open areas, and two commercial overhead doors, supporting a range of industrial or warehouse-oriented configurations. The buildings are currently being used to hold surplus business equipment, supplies, and materials, which are slated for removal for the next owner.
The property sits on 0.3076 acres at 100 NE 24th Street in Oklahoma City, Oklahoma, with Industrial zoning. Its combination of distinct building components, open interior volume, and overhead-door access creates a practical base for an owner-user or operator seeking flex-oriented commercial space.
The property sits on 0.3076 acres at 100 NE 24th Street in Oklahoma City, Oklahoma, with Industrial zoning. Its combination of distinct building components, open interior volume, and overhead-door access creates a practical base for an owner-user or operator seeking flex-oriented commercial space.
Key Highlights
- 8,613‑square‑foot flex property on 0.3076 acres
- Industrial zoning in Oklahoma City
- Two commercial overhead doors in the metal building
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.5k | $9.00 |
| − Vacancy | −$2.7k | −$0.32 |
| EGI | $74.8k | $8.69 |
| − OpEx | −$22.4k | −$2.61 |
| NOI | $52.4k | $6.08 |
8,613 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.66M
$1.45M – $1.93M
NOI $116,089 @ 7.0% cap · market cap 17.86%
Second Best
Warehouse
$973.9K
$852.2K – $1.14M
NOI $68,174 @ 7.0% cap · market cap 10.49%
Theoretical Best
Specialty Retail
$2.95M
$2.58M – $3.44M
NOI $206,195 @ 7.0% cap · market cap 31.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73105, OK
5,835
Population
3,416
Households
1.7
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
4.5 sq mi
ZIP Area
1,297
Density / Sq Mi
$48,314
Median Household Income
$32,614
Median Earnings
$1,091
Median Rent
$162,800
Median Home Value
Market
Properties on Market for Flex space in Oklahoma City
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Prairie Gypsies Catering Co — 411 NW 30th St, Oklahoma City, OK 73118
Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned flex property with open interior areas, tall ceilings, and separate concrete block and metal building components.
Where is this flex space located?
The property is located at 100 NE 24th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8,613‑square‑foot flex property on 0.3076 acres; Industrial zoning in Oklahoma City; Two commercial overhead doors in the metal building
