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    5421 SW 29th Street, Oklahoma City Oklahoma City, OK 73179

    Source: https://www.naisullivangroup.com
    For Sale
    $1,500,000

    20,280 SF on 2.45 Acres Investment Property-Industrial Distribution Building For Sale-5421 SW 29th Street (UNDER CONTRACT)

    Property size:
    20,280 SF

    Description

    Added:
    Mar 31, 2025
    Days on Market:
    252
    Sales Price: $1,500,000

    100% Occupied

    Cap Rate: 8.79%

    5421 SW 29th Street, Oklahoma City, OK 73179

    20,280 SF on 2.45 Acres MOL

    This 20,280 SF Facility was Originally Built for Airborne Express and Subsequently Used by DHL as a Hub Transit Facility. Currently Occupied by a Landscape/Product Distributor, the Current NOI is $131,844.00. The Sales Price is $1,500,000.00 Yielding a Cap Rate of 8.79%. The Current Lease Expires August 31, 2025 and there is a 5-Year Option to Extend
    (20) Grade Level Doors & (2) Dock High Doors
    3,000 SF Office
    14’ Ceiling Height
    Sprinklered
    200 Amp/240 Volt/3 Phase Power
    Fenced Yard for Trailer Storage
    Concrete Parking Area
    Aero Meridian Industrial Area
    Frontage: 164’ on S.W. 29th Street
    1 Mile from I-44 Corridor
    3 Miles from Will Rogers World Airport
    Located on the N.W. Corner of S.W. 29th Street & S. Purdue

    Property Features for 5421 SW 29th Street, Oklahoma City

    General Information

    Property type
    Warehouses
    Square Feet
    20,280 SF
    Price / Square Foot
    $73
    Elevators
    N/A
    Net Rentable
    20,280 SF
    Lot Size
    106,722 SF
    Occupancy
    100%
    Net Operating Income
    $131,844

    Building Details

    Buildings
    1
    Stories
    1
    Insight Report Location Intelligence

    Current Use by Public Records

    Tenda Garden Supply ... Hydroponics Equipment Supplier Hazen okc Corporate Office

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Clothing Store Wholesale Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    State
    Oklahoma
    Longitude
    -97.613644
    Latitude
    35.436026

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    FAQs

    What type of property is this?
    Warehouse - 20,280 SF on 2.45 Acres Investment Property-Industrial Distribution Building For Sale-5421 SW 29th Street (UNDER CONTRACT)
    Where is this warehouse located?
    The property is located at 5421 SW 29th Street, Oklahoma City Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (405) 641-9798
    Request Owner's contact information
    5421 SW 29th Street, Oklahoma City Oklahoma City, OK 73179
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    Oklahoma City, OK 73179
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5421 SW 29th Street, Oklahoma City Oklahoma City, OK 73179
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