Mixed-Use Building with Event
For Sale
$1,399,900
1132 W Britton Road, Oklahoma City, OK 73114
Three connected areas combine workshop, gathering, and private residential functions along W. Britton Road.
Property Size5,622 SF
Price / SF$249
Days on Market96
Property Features for 1132 W Britton Road
General Information
Standard status
Active
Size
5,622 SF
Property subtype
Special Purpose
Warehouse & Industrial
Warehouse Space
2,675 SF
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$8,577
Building Details
Building Size
5,622 SF
Year Built
2021
Buildings
1
Construction
steel
Listing Agency:
Trinity Properties
Listed By:
Jeffrey White
(405) 888-3637
Source:
Crosstimbersrealty
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 26 at 3:20PM
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 Trinity Properties
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Investment Insights
Based on property information with market context.
Built in 2021, this mixed-use property brings together a shop and warehouse, an event area, and a private residential condominium. Red steel construction, a metal exterior, spray foam insulation, and high-performance windows form the building envelope. The workshop has two 10-foot overhead doors and a vehicle lift. The event area includes a commercial kitchen with a refrigerator, freezer, six-burner gas range, and vent hood with Ansul fire suppression; tables and chairs are provided for approximately 60 guests. The residence features granite countertops, a marble walk-in shower with a built-in sauna, an exercise room, laundry, tankless water heating, and custom built-ins. Furnishings made for the condominium are included.
The property fronts W. Britton Road, where the listing reports exposure to more than 16,000 vehicles per day. Its three distinct spaces bring work, event, and residential functions into one property.
The property fronts W. Britton Road, where the listing reports exposure to more than 16,000 vehicles per day. Its three distinct spaces bring work, event, and residential functions into one property.
Key Highlights
- Built in 2021 with red steel construction, metal exterior, spray foam insulation, and high‑performance windows
- Shop and warehouse area includes two 10‑foot overhead doors and a drive‑on vehicle lift
- Event area has a commercial kitchen with a six‑burner gas range and Ansul fire suppression system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,985
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,700
$1.6M
Cap Rate 7%
$1,142,643
$1.1M
Cap Rate 9%
$888,722
$888.7K
Market Conditions
NOI Build-Up for 5,622 SF
Gross rent
$140.3K $24.96/SF
− Vacancy
−$33.7K −$5.99/SF
EGI
$106.6K $18.97/SF
− OpEx
−$26.7K −$4.74/SF
NOI
$80.0K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,700
Cap Rate 7%
$1,142,643
Cap Rate 9%
$888,722
Alternative Uses
Best Use
Office B
$1.14M
$999.8K – $1.33M
NOI $79,985 @ 7.0% cap · market cap 5.71%
Second Best
Mixed Use
$1.11M
$969.8K – $1.29M
NOI $77,584 @ 7.0% cap · market cap 5.54%
Theoretical Best
Specialty Retail
$1.92M
$1.68M – $2.24M
NOI $134,591 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
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Business Placement
Demographics for 73114, OK
18,694
Population
9,311
Households
2
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
1,968
Density / Sq Mi
$52,592
Median Household Income
$35,931
Median Earnings
$1,135
Median Rent
$134,100
Median Home Value
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three connected areas combine workshop, gathering, and private residential functions along W. Britton Road.
Where is this mixed-use property located?
The property is located at 1132 W Britton Road Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: Built in 2021 with red steel construction, metal exterior, spray foam insulation, and high‑performance windows; Shop and warehouse area includes two 10‑foot overhead doors and a drive‑on vehicle lift; Event area has a commercial kitchen with a six‑burner gas range and Ansul fire suppression system
