Multi-Building Industrial
For Sale
Contact for pricing
1265-1295 N Air Depot Blvd, Oklahoma City, OK 73110
Industrial portfolio featuring eight buildings built between 2003 and 2017, offered with strong on-site maintenance.
Property Size45,000 SF
Price / SF$110.56
Days on Market292
Property Features for 1265-1295 N Air Depot Blvd
General Information
Standard status
Active
Size
45,000 SF
Property subtype
INDUSTRIAL
Additional Details
Business Included
No
Highway Access
Yes
Listing Agency:
Herndon & Kelley Commercial Real Estate
Listed By:
Todd Herndon · License #076548
(405) 848-8099
Source:
Moodyscre
Added: Jan 12
Changed: Oct 25
Last Checked: Oct 30 at 3:54PM
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 Herndon & Kelley Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale industrial portfolio includes eight separate buildings constructed between 2003 and 2017. The property is being presented with an excellent owner/manager maintenance program, supporting ongoing curb appeal and building upkeep.
The site is positioned about three miles from both Interstate-35 and Interstate-40, with Tinker Air Force Base also approximately three miles away. The surrounding area includes nearby apartments, parks, schools, and retailers.
On-site visibility includes monument signage with an electronic display. The offering is also described as having potential under market rent opportunity.
The site is positioned about three miles from both Interstate-35 and Interstate-40, with Tinker Air Force Base also approximately three miles away. The surrounding area includes nearby apartments, parks, schools, and retailers.
On-site visibility includes monument signage with an electronic display. The offering is also described as having potential under market rent opportunity.
Key Highlights
- Industrial portfolio with 8 buildings built from 2003 to 2017
- Monument signage with electronic display
- 3 miles to Interstate 35
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$356,184
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,123,680
$7.1M
Cap Rate 7%
$5,088,343
$5.1M
Cap Rate 9%
$3,957,600
$4.0M
Market Conditions
NOI Build-Up for 45,000 SF
Gross rent
$432.0K $9.60/SF
− Vacancy
−$13.0K −$0.29/SF
EGI
$419.0K $9.31/SF
− OpEx
−$62.9K −$1.40/SF
NOI
$356.2K $7.92/SF
Area
Oklahoma City, OK
Vacancy
3.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,123,680
Cap Rate 7%
$5,088,343
Cap Rate 9%
$3,957,600
Alternative Uses
Best Use
Warehouse
$5.09M
$4.45M – $5.94M
NOI $356,184 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$15.39M
$13.47M – $17.96M
NOI $1,077,300 @ 7.0% cap · market cap 21.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73110, OK
33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Olivas Business Park — Midwest City, OK 73110
- American Self Storage #4 — 1301 N Air Depot Blvd, Midwest City, OK 73110
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial portfolio featuring eight buildings built between 2003 and 2017, offered with strong on-site maintenance.
Where is this warehouse located?
The property is located at 1265-1295 N Air Depot Blvd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,975,000.
What are key features of this property?
This property features: Industrial portfolio with 8 buildings built from 2003 to 2017; Monument signage with electronic display; 3 miles to Interstate 35
