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Downtown Skiatook Industrial/Flex Space

112-114 South A St, Skiatook, OK 74070

For Sale
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18,240 SF industrial/flex space in downtown Skiatook, Oklahoma.

Property Size18,240 SF
Price / SF$63.05
Days on Market273

Property Features for 112-114 South A St

General Information

Standard status Active
Size 18,240 SF
Property subtype Industrial
Zoning Commercial
Listing Agency: Legacy Commercial Property Advisors LLC
Listed By: Addison Walton · License OK #205380
Source: Crexi
Added: Feb 13 Changed: Nov 3 Last Checked: Nov 10 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Commercial Property Advisors LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 18,240 square foot industrial/flex space is located in downtown Skiatook, Oklahoma. The property offers good access and is situated in close proximity to local vendors and suppliers, making it suitable for service businesses. The area has a strong retail presence and benefits from a high level of security, with the Skiatook Police Department located across the street. The site includes two buildings, allowing for multi-tenant occupancy. The property is located in the heart of Osage County, Oklahoma, offering convenient access to major transportation routes. Nearby points of interest include Skiatook Lake, Osage Casino, and the Skiatook Museum, contributing to a vibrant local economy. This location is suited for industrial and manufacturing operators seeking a supportive business environment and access to a skilled labor force.

Key Highlights

  • 18,240 SF of industrial/flex space in Downtown Skiatook, OK.
  • Highly secured area with Skiatook PD located across the street.
  • Great access and close proximity to local vendors and suppliers.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,101
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,942,020 $1.9M
Cap Rate 7%
$1,387,157 $1.4M
Cap Rate 9%
$1,078,900 $1.1M
Market Conditions
NOI Build-Up for 18,240 SF
Gross rent
$142.3K $7.80/SF
− Vacancy
−$3.6K −$0.20/SF
EGI
$138.7K $7.60/SF
− OpEx
−$41.6K −$2.28/SF
NOI
$97.1K $5.32/SF
Area
Tulsa County, OK
Vacancy
2.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,942,020
Cap Rate 7%
$1,387,157
Cap Rate 9%
$1,078,900

Alternative Uses

Best Use
Flex RnD
$1.64M
$1.44M – $1.92M (±1% cap)
NOI $115,134 @ 7.0% cap · market cap 10.01%
Second Best
Industrial
$1.39M
$1.21M – $1.62M (±1% cap)
NOI $97,101 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$4.11M
$3.60M – $4.80M (±1% cap)
NOI $287,755 @ 7.0% cap · market cap 25.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Law Firm Building Supply Parking Lot & Garage Skin Care Clinic Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
Under-served
Demand for This Use

Demographics for 74070, OK

15,407
Population
6,179
Households
2.5
Avg Household Size
40
Median Age
22%
College-Educated
90%
High-School Grad
195.9 sq mi
ZIP Area
79
Density / Sq Mi
$63,777
Median Household Income
$39,518
Median Earnings
$951
Median Rent
$208,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Tulsa County, OK

$109 Jul
$143 Aug
$156 Sep
$154 Oct

Properties on Market for Flex space in Tulsa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - 18,240 SF industrial/flex space in downtown Skiatook, Oklahoma.
Where is this flex space located?
The property is located at 112-114 South A St Skiatook, OK.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 18,240 SF of industrial/flex space in Downtown Skiatook, OK.; Highly secured area with Skiatook PD located across the street.; Great access and close proximity to local vendors and suppliers.
(918) 960-4227 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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