Climate-Controlled Flex
New
For Sale
$675,000
11671 Black sand Drive, Edmond, OK 73034
Commercial Sale, Edmond, OK
Property Size4,000 SF
Lot Size1.00 Acre
Price / SF$168.75
Days on Market7
Property Features for 11671 Black sand Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
From I-35: Exit Charter Oak Rd & travel west. Turn north (right) on Sooner Rd. Turn into Koloa Industrial and follow to Black Sand Dr. Turn onto Black Sand Dr and continue to property.
Standard status
Active
APN
11671NONEBlacksand73034
Size
4,000 SF
Lot size
1.00 Acre
Taxes and HOA fees
HOA Fee
$350 Annually
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Year built
2024
Floors in Building
2
Building materials
Steel Siding
Listing Agency:
Metro First Realty
(405) 242-4004
Listed By:
Santana Dennis · License #157100
(405) 410-2281
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 5 at 4:06PM
MLS# 1251391
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.
Investment Insights
Based on property information with market context.
This 4,000-square-foot flex property combines approximately 1,600 square feet of finished office space with an attached 2,400-square-foot warehouse and shop. The office portion includes a conference room, two private offices, a bathroom, kitchen, living area, and an upstairs space suited to meetings, training, or additional workspace. The warehouse has 17-foot walls, two 14-foot overhead doors, and one 10-foot overhead door. Separate 5-ton HVAC units serve the front and rear, and the entire building is climate controlled. The structure was built in 2024 and has steel siding.
The property occupies 1 acre in Edmond, with I-35 access between Edmond and Guthrie. Its rear area has been graded and compacted with gravel. Building systems include a well with pressure tank, aerobic septic system, and 3-phase 400-amp electric service; fiber and natural gas are available. Zoning is Commercial.
The property occupies 1 acre in Edmond, with I-35 access between Edmond and Guthrie. Its rear area has been graded and compacted with gravel. Building systems include a well with pressure tank, aerobic septic system, and 3-phase 400-amp electric service; fiber and natural gas are available. Zoning is Commercial.
Key Highlights
- 4,000 square feet total: approximately 1,600 square feet of office and 2,400 square feet of warehouse/shop
- 1 acre; rear lot area is graded and gravel compacted
- Warehouse has 17‑foot walls, two 14‑foot overhead doors, and one 10‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,933
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,660
$998.7K
Cap Rate 7%
$713,329
$713.3K
Cap Rate 9%
$554,811
$554.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$81.1K $20.28/SF
− Vacancy
−$4.3K −$1.07/SF
EGI
$76.8K $19.21/SF
− OpEx
−$26.9K −$6.72/SF
NOI
$49.9K $12.48/SF
Area
Oklahoma County, OK
Vacancy
5.30%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,660
Cap Rate 7%
$713,329
Cap Rate 9%
$554,811
Alternative Uses
Best Use
Flex RnD
$713.3K
$624.2K – $832.2K
NOI $49,933 @ 7.0% cap · market cap 7.40%
Second Best
Office B
$646.2K
$565.5K – $753.9K
NOI $45,236 @ 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 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Finished office areas connect to a substantial shop, with climate control throughout the building.
Where is this flex space located?
The property is located at 11671 Black sand Drive Edmond, OK.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,000 square feet total: approximately 1,600 square feet of office and 2,400 square feet of warehouse/shop; 1 acre; rear lot area is graded and gravel compacted; Warehouse has 17‑foot walls, two 14‑foot overhead doors, and one 10‑foot overhead door
