Industrial Warehouse with Fenced
15160 NW EXPRESSWAY PIEDMONT OK 73078-9417, Piedmont, OK 73078
For Sale
New
Contact for pricing
A fenced yard, round-the-clock access and I-1 zoning complement the building’s warehouse and distribution functions.
Property Size11,500 SF
Lot Size5.00 Acres
Price / SF$113.04
Days on Market6
Property Features for 15160 NW EXPRESSWAY PIEDMONT OK 73078-9417
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Additional Details
Asking Price
Property Use
Amenities
24-hour access
Building Details
Building Size
Listing Agency:
CBRE - Oklahoma City
Listed By:
Caitlin Mazaheri · License OK #156112
(405) 607-6059
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:23PM
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 - Oklahoma City
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial warehouse contains 11,500 SF, including 2,800 SF of office area, and sits on 5 acres. The building offers 18'6" of clear height and three drive-in doors, each measuring 12' x 16'. A fenced yard and 24-hour access are also part of the property. Uses identified for the site include warehousing, distribution, contractor services, equipment and fleet storage, and light manufacturing.
The property fronts NW Expressway in Piedmont, approximately 8 miles west of the John Kilpatrick Turnpike, with access to the greater Oklahoma City metro. I-1 industrial zoning is in place.
The property fronts NW Expressway in Piedmont, approximately 8 miles west of the John Kilpatrick Turnpike, with access to the greater Oklahoma City metro. I-1 industrial zoning is in place.
Key Highlights
- 11,500 SF building on 5 acres
- 2,800 SF of office space
- 18'6" clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,870
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,400
$1.5M
Cap Rate 7%
$1,083,857
$1.1M
Cap Rate 9%
$843,000
$843.0K
Market Conditions
NOI Build-Up for 11,500 SF
Gross rent
$96.6K $8.40/SF
− Vacancy
−$7.3K −$0.64/SF
EGI
$89.3K $7.76/SF
− OpEx
−$13.4K −$1.16/SF
NOI
$75.9K $6.60/SF
Area
Canadian County, OK
Vacancy
7.60%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,400
Cap Rate 7%
$1,083,857
Cap Rate 9%
$843,000
Alternative Uses
Best Use
Warehouse
$1.08M
$948.4K – $1.26M
NOI $75,870 @ 7.0% cap · market cap 5.84%
Second Best
Industrial
$892.6K
$781.0K – $1.04M
NOI $62,481 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,281 @ 7.0% cap · market cap 13.48%
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
18 ft
Clear height
3
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73078, OK
12,069
Population
4,683
Households
2.6
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
64.9 sq mi
ZIP Area
186
Density / Sq Mi
$97,197
Median Household Income
$54,181
Median Earnings
$1,657
Median Rent
$288,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced yard, round-the-clock access and I-1 zoning complement the building’s warehouse and distribution functions.
Where is this warehouse located?
The property is located at 15160 NW EXPRESSWAY PIEDMONT OK 73078-9417 Piedmont, OK.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 11,500 SF building on 5 acres; 2,800 SF of office space; 18'6" clear height
