North Edmond Industrial
11880 S Sooner Rd Edmond, OK 73034
11880 S Sooner Rd, Edmond, OK, 73034
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For Sale
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Fourteen-building industrial complex in North Edmond with income and upside.
Property Size72,602 SF
Lot Size1.67 Acres
Price / SF$72.66
Days on Market150
Property Features for 11880 S Sooner Rd
General Information
- Standard status
- Active
- Size
- 72,602 SF
- Lot size
- 1.67 Acres
- Property subtype
- Industrial
Listing Agency
Creek Commercial Realty
Listed by
AJ Tolbert · License #OK 179422
Source
Crexi
Added: Feb 17 Checked: Jul 17 at 6:17 am
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 Creek Commercial Realty
Investment Insights
Based on property information with market context.
This industrial complex, located in North Edmond at the northeast corner of S. Sooner Road and E. Charter Oak Road, features 14 buildings. The buildings range in size from approximately 3,200 square feet to 9,600 square feet, with various sizes in between. The property, situated across the street from the Koala Industrial Park, offers in-place income and significant upside potential. Vacant buildings present a value-add opportunity for a new owner to increase cash flow through lease-up or potentially sell individual buildings separately to owner-users or investors. The property size is 72,602 square feet.
Key Highlights
- In‑place income provides immediate returns.
- Significant upside potential through lease‑up of vacant buildings.
- Value‑add opportunity to increase cash flow.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $697.0k | $9.60 |
| − Vacancy | −$53.0k | −$0.73 |
| EGI | $644.0k | $8.87 |
| − OpEx | −$193.2k | −$2.66 |
| NOI | $450.8k | $6.21 |
72,602 SF · lease $9.60/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$6.44M
$5.64M – $7.51M
NOI $450,806 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$15.12M
$13.23M – $17.64M
NOI $1,058,516 @ 7.0% cap · market cap 20.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Fourteen-building industrial complex in North Edmond with income and upside.
Where is this industrial property located?
The property is located at 11880 S Sooner Rd Edmond, OK.
What is the asking price?
The asking price for this property is $5,275,000.
What are key features of this property?
This property features: In‑place income provides immediate returns.; Significant upside potential through lease‑up of vacant buildings.; Value‑add opportunity to increase cash flow.
