Flex Space with Multiple Garage
15538 E Highway 70 Ardmore, OK 73401
15538 E Highway 70, Ardmore, OK, 73401
$449,000
For Sale
$449,000
Flex building with multiple garage doors, dedicated loading dock, and a paved parking lot for outdoor operations.
Property Size2,525 SF
Price / SF$177.82
Days on Market67
Property Features for 15538 E Highway 70
General Information
- Standard status
- Active
- Size
- 2,525 SF
Listing agency
Oklahoma Land & Realty, LLC
(580) 618-2020
Listed by
Eric Taliaferro · License #171917
(580) 618-2020
Source
Exprealty
Added: May 18 Updated: Jul 22 at 6:32PM Checked: Jul 22 at 6:32PM
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 Oklahoma Land & Realty, LLC
Investment Insights
Based on property information with market context.
This flex-style commercial property includes a versatile building equipped with multiple garage doors and a dedicated loading dock. The site also offers a large roadside sign and a paved parking lot for customers, employees, trailers, fleet vehicles, or equipment storage. Partial pipe fencing helps define outdoor display and storage areas while maintaining workable site access.
Located at 15538 E Highway 70 in Ardmore, OK, the property is positioned between Oklahoma City and Dallas and is described as highly accessible with strong visibility for passing traffic.
The building’s spacious layout and easy maneuverability support a range of operational needs that combine indoor workspace with outdoor flexibility. Uses mentioned in the offering include automotive, service, warehouse, retail, or recreational applications.
Located at 15538 E Highway 70 in Ardmore, OK, the property is positioned between Oklahoma City and Dallas and is described as highly accessible with strong visibility for passing traffic.
The building’s spacious layout and easy maneuverability support a range of operational needs that combine indoor workspace with outdoor flexibility. Uses mentioned in the offering include automotive, service, warehouse, retail, or recreational applications.
Key Highlights
- Versatile commercial flex building with multiple garage doors and a dedicated loading dock
- Suitable for a range of uses including automotive, service, warehouse, retail, or recreational operations
- Includes a large paved parking lot for customers, employees, trailers, fleet vehicles, or equipment storage
Local 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 | $53.6k | $21.24 |
| − Vacancy | −$5.5k | −$2.19 |
| EGI | $48.1k | $19.05 |
| − OpEx | −$7.2k | −$2.86 |
| NOI | $40.9k | $16.19 |
2,525 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$584.2K
$511.1K – $681.5K
NOI $40,891 @ 7.0% cap · market cap 9.11%
Second Best
Industrial
$481.1K
$420.9K – $561.3K
NOI $33,675 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$647.6K
$566.6K – $755.5K
NOI $45,329 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex building with multiple garage doors, dedicated loading dock, and a paved parking lot for outdoor operations.
Where is this flex space located?
The property is located at 15538 E Highway 70 Ardmore, OK.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Versatile commercial flex building with multiple garage doors and a dedicated loading dock; Suitable for a range of uses including automotive, service, warehouse, retail, or recreational operations; Includes a large paved parking lot for customers, employees, trailers, fleet vehicles, or equipment storage
