Truck Terminal with Office and
For Sale
Contact for pricing
601 Truck Byp, Drumright, OK 74030
Truck terminal featuring a fenced gravel yard, shop space, and drive-in doors built for trucking and oil & gas uses.
Property Size6,000 SF
Lot Size15.00 Acres
Price / SF$82.50
Days on Market617
Property Features for 601 Truck Byp
General Information
Standard status
Active
Size
6,000 SF
Lot size
15.00 Acres
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
14 ft
Office Build-Out
1,800 SF
Mezzanine
1,000 SF
Drive-In Doors
2
Listing Agency:
CBRE | Tulsa
(918) 630-0611
Listed By:
Dwayne Flynn
(918) 630-0611
Source:
Moodyscre
Added: Nov 21, 2024
Changed: Jul 30
Last Checked: Jul 31 at 1:03PM
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 CBRE | Tulsa
Investment Insights
Based on property information with market context.
Truck terminal property with a 6,000± SF main building that includes 1,800± SF office space and 4,200± SF shop area. The facility also offers a 1,000± SF mezzanine, not included in the stated SF. Operational features include 14' clear height, (2) 14' x 14' drive-in doors, and substantial covered and open storage, including 30' x 50' covered storage and an 80' x 30' storage area.
The site includes a 15± acre tract with 3.5± acres fenced and gravel yard, supporting vehicle staging and outdoor operations. The property is described as well-suited for trucking and oil & gas related industries.
Access to regional markets is supported by proximity to Stillwater, Tulsa, and Oklahoma City, with Stillwater about 35 miles away, Tulsa about 44 miles away, and OKC about 76 miles away.
The site includes a 15± acre tract with 3.5± acres fenced and gravel yard, supporting vehicle staging and outdoor operations. The property is described as well-suited for trucking and oil & gas related industries.
Access to regional markets is supported by proximity to Stillwater, Tulsa, and Oklahoma City, with Stillwater about 35 miles away, Tulsa about 44 miles away, and OKC about 76 miles away.
Key Highlights
- 6,000± SF main building with 1,800± SF office and 4,200± SF shop
- 1,000± SF mezzanine not included in total SF
- 14' clear height and (2) 14' x 14' drive‑in doors
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 | $42.5k | $7.08 |
| − Vacancy | −$1.3k | −$0.21 |
| EGI | $41.2k | $6.87 |
| − OpEx | −$6.2k | −$1.03 |
| NOI | $35.0k | $5.84 |
6,000 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$500.4K
$437.8K – $583.8K
NOI $35,025 @ 7.0% cap · market cap 7.08%
Second Best
Industrial
$412.1K
$360.6K – $480.7K
NOI $28,844 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,283 @ 7.0% cap · market cap 20.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 74030, OK
3,529
Population
1,675
Households
2.1
Avg Household Size
41
Median Age
12%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
51
Density / Sq Mi
$42,208
Median Household Income
$37,839
Median Earnings
$523
Median Rent
$90,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Truck terminal - Truck terminal featuring a fenced gravel yard, shop space, and drive-in doors built for trucking and oil & gas uses.
Where is this truck terminal located?
The property is located at 601 Truck Byp Drumright, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 6,000± SF main building with 1,800± SF office and 4,200± SF shop; 1,000± SF mezzanine not included in total SF; 14' clear height and (2) 14' x 14' drive‑in doors
