Bricktown Land and Warehouse
For Sale
Contact for pricing
119 E Reno Ave, Oklahoma City, OK
Property on both sides of the canal in Bricktown.
Property Size6,854 SF
Lot Size0.57 Acres
Price / SF$320.98
Days on Market1326
Property Features for 119 E Reno Ave
General Information
Standard status
Active
Size
6,854 SF
Lot size
0.57 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Price Edwards and Company - Oklahoma City
(405) 239-1206
Listed By:
Derek James
Source:
Moodyscre
Added: Dec 15, 2022
Changed: Jul 6
Last Checked: Jul 21 at 8:15AM
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
This unique property offers a fully occupied office/warehouse and undeveloped land. The property is located in the heart of Bricktown. The undeveloped site is a hard-corner lot directly across the street from the Bricktown Ballpark. Vertical air rights are available over both plots, allowing for creative development opportunities. The existing building has a size of 6,854 square feet.
Key Highlights
- Hard‑corner, undeveloped land directly across from Bricktown Ballpark.
- Fully occupied office/warehouse included.
- Located in the heart of Bricktown.
Financial Insights For Office B
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 | $171.1k | $24.96 |
| − Vacancy | −$41.1k | −$5.99 |
| EGI | $130.0k | $18.97 |
| − OpEx | −$32.5k | −$4.74 |
| NOI | $97.5k | $14.23 |
6,854 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.63M
NOI $97,513 @ 7.0% cap · market cap 4.43%
Second Best
Warehouse
$775.0K
$678.1K – $904.2K
NOI $54,251 @ 7.0% cap · market cap 2.47%
Theoretical Best
Specialty Retail
$2.34M
$2.05M – $2.73M
NOI $164,085 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- U-Box of Oklahoma City — 400 S Lee Ave, Oklahoma City, OK 73109
- U-Haul Moving & Storage of Bricktown — 100 se 2nd st, oklahoma city, ok 73129
- Self Storage — 302 E Sheridan Ave, Oklahoma City, OK 73104
- Extra Space Storage — 839 E Reno Ave, Oklahoma City, OK 73104
- Relex Self Storage Units — 42 S Oklahoma Ave, Oklahoma City, OK 73104
Frequently Asked Questions
What type of property is this?
Warehouse - Property on both sides of the canal in Bricktown.
Where is this warehouse located?
The property is located at 119 E Reno Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Hard‑corner, undeveloped land directly across from Bricktown Ballpark.; Fully occupied office/warehouse included.; Located in the heart of Bricktown.
