Oklahoma City Industrial Building on Acreage

1218 N Irving Street, Oklahoma City, OK 73117

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For Sale

$399,000

1,500 SF industrial building on 3.2 acres near downtown.

Type:Commercial/Industrial

Property size:

1,500 SF

Lot size:

3.00 Acres

Price / SF:

$266/SF

HighLights

Prime location minutes from downtown Oklahoma City, the airport, and major highways.
Large 3.2‑acre lot with industrial zoning offering room to expand.
1,500 SF industrial building suitable for storage or redevelopment.
Updated electrical systems.
Recent improvements including new paint and a fence added in 2022.
Versatile potential for multi‑family housing, office space, retail strip, or other projects.

We can help!

Listing Contact

Gabrielle Johnson

For Sale

$399,000

1,500 SF industrial building on 3.2 acres near downtown.

Type:Commercial/Industrial

Property size:

1,500 SF

Lot size:

3.00 Acres

Price / SF:

$266/SF

Added:: Jan 9, 2025
Days on Market:: 518
Last Refresh:: May 20 at 2:54 am

Property Features for 1218 N Irving Street

General Information

Standard status: Active
Size: 1,500 SF
Lot size: 3.00 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1956

We can help!

Listing Contact

Gabrielle Johnson

Listing agent Gabrielle Johnson License #182104

Listing office Pivot Brokerage

Listing date Jan 9, 2025

Source Exitrealty

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 Pivot Brokerage

HighLights

Prime location minutes from downtown Oklahoma City, the airport, and major highways.
Large 3.2‑acre lot with industrial zoning offering room to expand.
1,500 SF industrial building suitable for storage or redevelopment.
Updated electrical systems.
Recent improvements including new paint and a fence added in 2022.
Versatile potential for multi‑family housing, office space, retail strip, or other projects.

Overview

This 1,500 SF industrial building is situated on 3.2 acres of land in the Oklahoma City area. The property is located minutes from downtown, the airport, and major highways including I-35, I-40, and the Broadway Extension. The property features an existing warehouse, updated electrical systems, and new paint. A fence was added in 2022. The property is currently used as storage space and offers opportunities for multi-family housing, office space, a retail strip, or other projects. The property's industrial zoning and room to expand make it a promising investment. Its location offers potential for future growth and success.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$45.0k	$30.00
− Vacancy	−$2.7k	−$1.80
EGI	$42.3k	$28.20
− OpEx	−$12.7k	−$8.46
NOI	$29.6k	$19.74

1,500 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$423.0K

$370.1K – $493.5K (±1% cap)

NOI $29,610 @ 7.0% cap · market cap 7.42%

Second Best

Office B

$304.9K

$266.8K – $355.7K (±1% cap)

NOI $21,341 @ 7.0% cap · market cap 5.35%

Theoretical Best

Specialty Retail

$513.0K

$448.9K – $598.5K (±1% cap)

NOI $35,910 @ 7.0% cap · market cap 9.00%

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

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Similar Places Nearby

Hop & Lok Storage — 2119 N Martin Luther King Ave, Oklahoma City, OK 73111

Location Insight

Map
Local Demand

City: Oklahoma City
County: Cleveland
State: Oklahoma
Longitude: -97.4734
Latitude: 35.4809

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For sale
Warehouses
OK
Oklahoma City
73117
1218 N Irving Street

What type of property is this?

Warehouse - 1,500 SF industrial building on 3.2 acres near downtown.

Where is this warehouse located?

The property is located at 1218 N Irving Street Oklahoma City, OK.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Prime location minutes from downtown Oklahoma City, the airport, and major highways.; Large 3.2‑acre lot with industrial zoning offering room to expand.; 1,500 SF industrial building suitable for storage or redevelopment.

1218 N Irving Street, Oklahoma City, OK 73117

1,500 SF industrial building on 3.2 acres near downtown.

Property Features for 1218 N Irving Street

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Multi-Suite Office and Medical Property

Versatile Commercial Property, Oklahoma City

Turn-Key Medical Office Opportunity

Oklahoma City Commercial Property

Oklahoma City Retail Opportunity

Remodeled Live-Work Office

Office Building with Multiple Suites

Heated Garage with Office Space

5.9 Acres on I-35 Corner

Oklahoma City Commercial Building For Sale

Versatile Commercial Office Building

Oklahoma City Commercial Investment Opportunity

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