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Industrial Warehouse for Sale
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116 S Broadway Extension, Edmond, OK 73034

Industrial warehouse offered for sale with convenient access via S Broadway Extension in Edmond, Oklahoma.

Property Size3,250 SF
Price / SF$1.00
Days on Market138

Property Features for 116 S Broadway Extension

General Information

Standard status Active
Size 3,250 SF

Building Details

Year Built 1900
Listing Agency: Salt Real Estate Inc
Listed By: Robert Williams · License #143285
Source: Bktoklahomacity
Added: Jun 2 Changed: Oct 12 Last Checked: Oct 7 at 3:31PM

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 Salt Real Estate Inc

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Investment Insights

Based on property information with market context.

This for-sale warehouse property is located at 116 S Broadway Extension in Edmond, Oklahoma, offering approximately 3,250 square feet of industrial space. The offering is presented as an “other warehouse”/industrial property type, making it a straightforward option for buyers seeking a warehouse-style facility within the Edmond area.

Per the property directions, the site is north of 2nd Street. The listing information places the asset within Oklahoma County, and the address provides clear wayfinding for touring and due diligence.

Given its warehouse configuration and sale structure, the property may appeal to owner-operators and investors looking for flexible industrial space for storage or distribution-related use. It can also be evaluated by tenants and developers who want a compact footprint for warehousing needs, subject to confirmation of all requirements during the underwriting and permitting process.

Key Highlights

  • Industrial warehouse for sale with access via S Broadway Extension in Edmond, Oklahoma
  • Year built: 1900

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,180
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,600 $403.6K
Cap Rate 7%
$288,286 $288.3K
Cap Rate 9%
$224,222 $224.2K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$31.2K $9.60/SF
− Vacancy
−$2.4K −$0.73/SF
EGI
$28.8K $8.87/SF
− OpEx
−$8.6K −$2.66/SF
NOI
$20.2K $6.21/SF
Area
Oklahoma County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,600
Cap Rate 7%
$288,286
Cap Rate 9%
$224,222

Alternative Uses

Best Use
Warehouse
$350.1K
$306.3K – $408.4K (±1% cap)
NOI $24,504 @ 7.0% cap · market cap 753.97%
Second Best
Industrial
$288.3K
$252.3K – $336.3K (±1% cap)
NOI $20,180 @ 7.0% cap · market cap 620.92%
Theoretical Best
Office A
$676.9K
$592.3K – $789.7K (±1% cap)
NOI $47,384 @ 7.0% cap · market cap 1,457.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Grocery & Convenience Store Big Box & Wholesale Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Florist

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

1,312
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • Extra Space Storage — 820 S Kelly Ave, Edmond, OK 73003
  • Self-Storage at U-Haul — 820 S Kelly Ave, Edmond, OK 73003
  • U-Haul Storage of Edmond — 820 S Kelly Ave, Edmond, OK 73003
  • SpareBox Storage — 620 W Edmond Rd, Edmond, OK 73003
  • SpareBox Storage — 1008 Waterwood Pkwy, Edmond, OK 73034

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse offered for sale with convenient access via S Broadway Extension in Edmond, Oklahoma.
Where is this warehouse located?
The property is located at 116 S Broadway Extension Edmond, OK.
What are key features of this property?
This property features: Industrial warehouse for sale with access via S Broadway Extension in Edmond, Oklahoma; Year built: 1900
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