Flex Building with High
For Sale
$369,000
11771 Maui Ln, Edmond, OK 73034
Newly built flex space offers adaptable interior framing, substantial electrical capacity, and direct equipment access.
Property Size4,000 SF
Lot Size1.11 Acres
Price / SF$92.25
Days on Market42
Property Features for 11771 Maui Ln
General Information
Standard status
Active
Size
4,000 SF
Lot size
1.11 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Power
400 amps
Three-Phase Power
Yes
Building Details
Year Built
2024
Buildings
1
Building Size
4,000 SF
Listing Agency:
Pioneer Realty
(405) 202-1119
Listed By:
Seth Koenig · License #145259
Source:
Alloverok
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 29 at 4:13PM
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 Pioneer Realty
Investment Insights
Based on property information with market context.
Completed in 2024, this 4,000-square-foot flex building occupies a 1.11-acre lot and provides a practical shell for business operations, storage, or equipment use. The interior is partially built out with a dividing wall and framing for another room. Sixteen-foot ceilings, closed-cell spray foam insulation, and one large overhead garage door support a range of commercial configurations.
The property is positioned off Sooner Road and Charter Oak Road, west of I-35, within the Koloa Industrial park. Building infrastructure includes 3-phase 400-amp electrical service, a well with pressure tank, septic, natural gas at the property, and fiber service at the property.
The property is positioned off Sooner Road and Charter Oak Road, west of I-35, within the Koloa Industrial park. Building infrastructure includes 3-phase 400-amp electrical service, a well with pressure tank, septic, natural gas at the property, and fiber service at the property.
Key Highlights
- 4,000 SF flex building on a 1.11‑acre lot
- Built in 2024 within Koloa Industrial park
- 16' ceilings with closed‑cell spray foam insulation
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
$24,837
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
6.73%
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%
$496,740
$496.7K
Cap Rate 7%
$354,814
$354.8K
Cap Rate 9%
$275,967
$276.0K
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
−$10.6K −$2.66/SF
NOI
$24.8K $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 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%
$496,740
Cap Rate 7%
$354,814
Cap Rate 9%
$275,967
Alternative Uses
Best Use
Flex RnD
$713.3K
$624.2K – $832.2K
NOI $49,933 @ 7.0% cap · market cap 13.53%
Second Best
Industrial
$354.8K
$310.5K – $414.0K
NOI $24,837 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$833.1K
$729.0K – $972.0K
NOI $58,319 @ 7.0% cap · market cap 15.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Newly built flex space offers adaptable interior framing, substantial electrical capacity, and direct equipment access.
Where is this flex space located?
The property is located at 11771 Maui Ln Edmond, OK.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 4,000 SF flex building on a 1.11‑acre lot; Built in 2024 within Koloa Industrial park; 16' ceilings with closed‑cell spray foam insulation
