Flex Space with Overhead
100 NE 24th Street, Oklahoma City, OK 73105
For Sale
$599,000
Commercial Sale, Oklahoma City, OK
Property Size8,613 SF
Lot Size0.31 Acres
Price / SF$69.55
Days on Market102
Property Features for 100 NE 24th Street
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Building Details
Year built
Listing Agency:
Metro First Realty
(405) 242-4004
Listed By:
Louis Gonzales · License OK #132506
(405) 401-9542
Added: Aug 3
Changed: Oct 15
Last Checked: Nov 12 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
This 8,613-square-foot flex property includes an original concrete block building constructed in 1957 and a metal addition completed in and around 1981. The addition provides large open areas, tall ceilings, two commercial overhead doors, and a makeshift mezzanine. The buildings have been used for appliance repair and currently contain surplus business equipment, supplies, and materials that are slated for removal by the new owner.
The 0.3076-acre property is located at 100 NE 24th Street in Oklahoma City, Oklahoma, with Industrial zoning. Its combination of warehouse-style space, overhead loading access, and multiple building sections provides a functional base for a range of commercial operations supported by the existing improvements.
The 0.3076-acre property is located at 100 NE 24th Street in Oklahoma City, Oklahoma, with Industrial zoning. Its combination of warehouse-style space, overhead loading access, and multiple building sections provides a functional base for a range of commercial operations supported by the existing improvements.
Key Highlights
- 8,613‑square‑foot flex property on 0.3076 acres
- Industrial zoning at 100 NE 24th Street, Oklahoma City, OK 73105
- Metal addition includes 2 commercial overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,363
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,260
$1.0M
Cap Rate 7%
$748,043
$748.0K
Cap Rate 9%
$581,811
$581.8K
Market Conditions
NOI Build-Up for 8,613 SF
Gross rent
$77.5K $9.00/SF
− Vacancy
−$2.7K −$0.32/SF
EGI
$74.8K $8.69/SF
− OpEx
−$22.4K −$2.61/SF
NOI
$52.4K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,260
Cap Rate 7%
$748,043
Cap Rate 9%
$581,811
Alternative Uses
Best Use
Flex RnD
$1.66M
$1.45M – $1.93M
NOI $116,089 @ 7.0% cap · market cap 19.38%
Second Best
Warehouse
$973.9K
$852.2K – $1.14M
NOI $68,174 @ 7.0% cap · market cap 11.38%
Theoretical Best
Specialty Retail
$2.95M
$2.58M – $3.44M
NOI $206,195 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Under-served
Demand for This Use
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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
$162,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Oklahoma City, OK
Properties on Market for Flex space in Oklahoma City
Vacancy Rate% for Industrial in South region
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 property combines open warehouse areas with overhead access and a small mezzanine.
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 $599,000.
What are key features of this property?
This property features: 8,613‑square‑foot flex property on 0.3076 acres; Industrial zoning at 100 NE 24th Street, Oklahoma City, OK 73105; Metal addition includes 2 commercial overhead doors
