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Industrial Property with Expansion Potential
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1301 S Walker Ave, Oklahoma City, OK 73109

3,761 SF industrial property on 0.87 acres with expansion.

Property Size3,761 SF
Lot Size0.87 Acres
Price / SF$226
Days on Market200

Property Features for 1301 S Walker Ave

General Information

Standard status Active
Size 3,761 SF
Class B
Lot size 0.87 Acres
Property subtype Industrial
Zoning DTD-2
Investment Type Owner/User

Building Details

Year Built 1964
Stories 1
Tenancy Single
Listing Agency: Fleske Commercial Group
Listed By: Emily Duncan Belusko · License #OK 205976
Source: Crexi
Added: Mar 23 Changed: Oct 7 Last Checked: Oct 7 at 12:22PM

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 Fleske Commercial Group

Investment Insights

Based on property information with market context.

This industrial property offers 3,761 square feet of space on a 0.87-acre lot. The property includes two additional lots, providing flexibility for expansion or outdoor activities. The building is equipped with two overhead doors, making it suitable for a variety of industrial or warehouse operations.

Key Highlights

  • 3,761 SF industrial property on 0.87 acres
  • Includes two additional lots for expansion or outdoor use
  • Equipped with two overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,769
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,380 $595.4K
Cap Rate 7%
$425,271 $425.3K
Cap Rate 9%
$330,767 $330.8K
Market Conditions
NOI Build-Up for 3,761 SF
Gross rent
$36.1K $9.60/SF
− Vacancy
−$1.1K −$0.29/SF
EGI
$35.0K $9.31/SF
− OpEx
−$5.3K −$1.40/SF
NOI
$29.8K $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%
$595,380
Cap Rate 7%
$425,271
Cap Rate 9%
$330,767

Alternative Uses

Best Use
Warehouse
$425.3K
$372.1K – $496.2K (±1% cap)
NOI $29,769 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$326.6K
$285.8K – $381.1K (±1% cap)
NOI $22,865 @ 7.0% cap · market cap 2.69%
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,038 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Fast Freight Trucking Trucking Company 10 Roads Express Trucking Company

Suggested Use

Top Pick HVAC Service Dental Office Pharmacy Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73109, OK

20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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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

Frequently Asked Questions

What type of property is this?
Warehouse - 3,761 SF industrial property on 0.87 acres with expansion.
Where is this warehouse located?
The property is located at 1301 S Walker Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,761 SF industrial property on 0.87 acres; Includes two additional lots for expansion or outdoor use; Equipped with two overhead doors
(405) 701-3505 Call to check price and availability
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