El Reno Auto
108 SE 27th St El Reno, OK 73036
For Sale
$650,000
8,000 SF auto shop with multiple drive-in doors.
Property Size8,000 SF
Price / SF$81.25
Days on Market141
Property Features for 108 SE 27th St
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing Agency:
NAI RED Commercial Real Estate
(405) 641-9798
Listed By:
Bob Sullivan · License #OK #111159
(405) 641-9798
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 25 at 6:23AM
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 NAI RED Commercial Real Estate
Investment Insights
Based on property information with market context.
This is an 8,000 square foot commercial property in El Reno, Oklahoma. The property has been used as a body shop for many years. It features three 12-foot drive-in doors and two 10-foot drive-in doors. The property includes an 800 square foot office space and offers a 12-foot clear height. The building is equipped with 400 Amps of power.
Key Highlights
- 8,000 SF MOL of total space
- Multiple Drive‑In Doors: (3) 12’ and (2) 10’
- 400 Amps Power
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 | $76.8k | $9.60 |
| − Vacancy | −$5.8k | −$0.73 |
| EGI | $71.0k | $8.87 |
| − OpEx | −$21.3k | −$2.66 |
| NOI | $49.7k | $6.21 |
8,000 SF · lease $9.60/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.10M
$965.7K – $1.29M
NOI $77,253 @ 7.0% cap · market cap 11.89%
Second Best
Industrial
$709.6K
$620.9K – $827.9K
NOI $49,674 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,935 @ 7.0% cap · market cap 18.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Jay's Body Shop
Auto Repair Shop
Similar Off Market Nearby
- Diffee Ford Service — 1681 E Interstate-40, El Reno, OK 73036
- El Reno Paint & Body Shop — 1120 SE 27th St #5759, El Reno, OK 73036
- Jay's Body Shop — 108 SE 27th St, El Reno, OK 73036
- Diffee Lincoln Parts & Service — 1681 E Interstate-40, El Reno, OK 73036
- Premier Alignments & Customs — 106 SE 27th St, El Reno, OK 73036
FAQs
What type of property is this?
Auto shop - 8,000 SF auto shop with multiple drive-in doors.
Where is this auto shop located?
The property is located at 108 SE 27th St El Reno, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8,000 SF MOL of total space; Multiple Drive‑In Doors: (3) 12’ and (2) 10’; 400 Amps Power
