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Bixby Industrial/Warehouse Building For Sale

15304 S 76th E Ave Bixby, OK 74008

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Industrial/warehouse property in Bixby, OK, with IL zoning.

Type:Industrial
Property size:
12,500 SF
Price / SF:
$60/SF
Added:
Aug 13, 2024
Days on Market:
699
Last Refresh:
May 12 at 9:53 pm

Property Features for 15304 S 76th E Ave

General Information

Standard status
Active
Size
12,500 SF
Property subtype
Industrial

Building Details

Year Built
1974

Listing office Canvas Real Estate Partners

Listing date Aug 13, 2024

Source Crexi

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 Canvas Real Estate Partners


Investment Insights

Based on property information with market context.

This industrial/warehouse building is for sale in Bixby, OK, and is zoned IL (Industrial Light), making it suitable for manufacturing, distribution, and various industrial applications. The property is situated in a strategic area of Bixby, providing easy access to major highways and transportation routes. It features two 14’ drive-in doors that enhance accessibility and streamline operations. The property offers ample space to accommodate a wide range of industrial activities, including automotive, manufacturing, warehousing, and distribution. An operational automotive mechanic business currently operates at this location, and there is an opportunity to purchase this business as well as the property. The property has robust infrastructure to support heavy-duty operations. The property size is 12500 square feet.

Key Highlights

  • Zoned IL (Industrial Light) - Ideal for manufacturing, distribution, and various industrial applications.
  • Strategic location in Bixby with easy access to major highways and transportation routes.
  • Two 14’ drive‑in doors enhance accessibility and streamline operations.

Local Financial Insights For Industrial

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 $97.5k $7.80
− Vacancy −$2.4k −$0.20
EGI $95.1k $7.60
− OpEx −$28.5k −$2.28
NOI $66.5k $5.32
12,500 SF · lease $7.80/SF/yr · vacancy 2.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,312 @ 7.0% cap · market cap 16.97%
Second Best
Warehouse
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,803 @ 7.0% cap · market cap 10.77%
Theoretical Best
Office A
$2.82M
$2.47M – $3.29M (±1% cap)
NOI $197,201 @ 7.0% cap · market cap 26.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auto shops

Similar Off Market Nearby

  • Spartan Self Storage — 12113 S Memorial Dr, Bixby, OK 74008
  • Storelocal Storage — 12321 S Memorial Dr, Bixby, OK 74008
  • Bixby Marketplace, LLC — 8315 East 111th St S, Bixby, OK 74008

FAQs

What type of property is this?
Warehouse - Industrial/warehouse property in Bixby, OK, with IL zoning.
Where is this warehouse located?
The property is located at 15304 S 76th E Ave Bixby, OK.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Zoned IL (Industrial Light) - Ideal for manufacturing, distribution, and various industrial applications.; Strategic location in Bixby with easy access to major highways and transportation routes.; Two 14’ drive‑in doors enhance accessibility and streamline operations.
Contact an agent
(918) 712-4310 Call to check price and availability
More about this property
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