Industrial Warehouse with
11301 N western Avenue Oklahoma City, OK 73114
For Sale
$360,000
Pending
Industrial warehouse includes a two-room build-out, suited for multiple light commercial and production uses.
Property Size3,000 SF
Days on Market482
Property Features for 11301 N western Avenue
General Information
- Standard status
- Pending
- Size
- 3,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2021
Listing Agency:
Ariston Realty LLC
(405) 370-5507
Listed By:
Davion Richard · License #201874
(405) 370-5507
Source:
Exitrealty
Added: Mar 30, 2025
Changed: Jul 23
Last Checked: Jul 24 at 6:14AM
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 Ariston Realty LLC
Investment Insights
Based on property information with market context.
This light industrial warehouse offers approximately 3,000 square feet of enclosed space and includes a two-room interior build-out. The property was previously used for a grow operation, and it can be adapted for other commercial uses requiring warehouse or light production space.
Located in northwest Oklahoma City at 11301 N Western Avenue, the facility is positioned for day-to-day business access from the surrounding area.
With its existing interior configuration and versatile layout, the space may appeal to tenants and buyers looking for an industrial shell that can support a range of practical operating needs within the light commercial and production spectrum.
Located in northwest Oklahoma City at 11301 N Western Avenue, the facility is positioned for day-to-day business access from the surrounding area.
With its existing interior configuration and versatile layout, the space may appeal to tenants and buyers looking for an industrial shell that can support a range of practical operating needs within the light commercial and production spectrum.
Key Highlights
- 3000 sq. ft. light commercial/industrial space built in 2021
- Includes a two‑room build‑out
- Previously used as a grow operation and adaptable for other commercial uses
Financial Insights For Warehouse
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 | $28.8k | $9.60 |
| − Vacancy | −$864 | −$0.29 |
| EGI | $27.9k | $9.31 |
| − OpEx | −$4.2k | −$1.40 |
| NOI | $23.7k | $7.92 |
3,000 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$339.2K
$296.8K – $395.8K
NOI $23,746 @ 7.0% cap · market cap 6.60%
Second Best
Industrial
$260.6K
$228.0K – $304.0K
NOI $18,239 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$1.03M
$897.8K – $1.20M
NOI $71,820 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar Off Market Nearby
- Public Storage — 802 W Hefner Rd, Oklahoma City, OK 73114
- OKCSTORAGE — 301 NW 104th St, Oklahoma City, OK 73114
- Self-Storage at U-Haul — 421 W Hefner Rd, Oklahoma City, OK 73114
- Maverick Self Storage Unit — 10735 N Western Ave, Oklahoma City, OK 73114
- Life Storage - Oklahoma City — 1401 NW 122nd St, Oklahoma City, OK 73114
FAQs
What type of property is this?
Warehouse - Industrial warehouse includes a two-room build-out, suited for multiple light commercial and production uses.
Where is this warehouse located?
The property is located at 11301 N western Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 3000 sq. ft. light commercial/industrial space built in 2021; Includes a two‑room build‑out; Previously used as a grow operation and adaptable for other commercial uses
