Newer Steel Building on
For Sale
Contact for pricing
11534 Maui Ln, Edmond, OK 73034
4,000 SF steel building on 1 acre in Edmond.
Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$112.50
Days on Market165
Property Features for 11534 Maui Ln
General Information
Standard status
Active
Size
4,000 SF
Lot size
1.00 Acre
Property subtype
Industrial
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
2023
Buildings
1
Stories
1
Listing Agency:
Rise Above Realty
(405) 409-2928
Listed By:
Brad Huffman · License #OK 142904
Source:
Crexi
Added: Feb 28
Changed: Aug 8
Last Checked: Aug 11 at 7:27PM
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 Rise Above Realty
Investment Insights
Based on property information with market context.
The property at 11534 Maui Lane in Edmond, OK, features a 4,000± SF steel building constructed in 2023. Situated on a 1± acre site, the property is designed for functional commercial use. It includes two overhead grade-level doors, facilitating drive-up access and loading. This modern construction is suitable for various users, such as contractors, light industrial businesses, service businesses, storage facilities, or owner-users seeking a clean facility with space for operations and growth.
Key Highlights
- Newer 4,000± SF steel building constructed in 2023
- Full 1± acre site provides ample room to operate and grow
- Suitable for purchase or lease
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,159
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,180
$603.2K
Cap Rate 7%
$430,843
$430.8K
Cap Rate 9%
$335,100
$335.1K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$38.4K $9.60/SF
− Vacancy
−$2.9K −$0.73/SF
EGI
$35.5K $8.87/SF
− OpEx
−$5.3K −$1.33/SF
NOI
$30.2K $7.54/SF
Area
Oklahoma County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,180
Cap Rate 7%
$430,843
Cap Rate 9%
$335,100
Alternative Uses
Best Use
Flex RnD
$713.3K
$624.2K – $832.2K
NOI $49,933 @ 7.0% cap · market cap 11.10%
Second Best
Warehouse
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$833.1K
$729.0K – $972.0K
NOI $58,319 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 73034, OK
47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 4,000 SF steel building on 1 acre in Edmond.
Where is this flex space located?
The property is located at 11534 Maui Ln Edmond, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Newer 4,000± SF steel building constructed in 2023; Full 1± acre site provides ample room to operate and grow; Suitable for purchase or lease
