Warehouse
1635 SE 29th St Oklahoma City, OK 73129
1635 SE 29th St, Oklahoma City, OK, 73129
Contact for pricing
For Sale
Contact for pricing
Warehouse building totaling 28,555 SF and available for sale.
Property Size28,555 SF
Price / SF$117.32
Days on Market58
Property Features for 1635 SE 29th St
General Information
- Standard status
- Active
- Size
- 28,555 SF
- Property subtype
- Industrial
Listing Agency
Mercer Company
(405) 323-8508
Listed by
Tucker Cason · License #Oklahoma
Source
Crexi
Added: May 25 Updated: Jul 20 at 5:21 pm Checked: Jul 20 at 5:21 pm
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 Mercer Company
Investment Insights
Based on property information with market context.
This warehouse building is available for sale with a total size of 28,555 SF. The property is presented as commercial real estate under the warehouse asset type.
The offering is located at 1635 SE 29th St in Oklahoma City, OK 73129. Additional building details such as interior configuration, condition, and site improvements are not provided in the available information.
Interested parties should review the full due diligence materials to confirm layout and suitability for their specific operating needs.
The offering is located at 1635 SE 29th St in Oklahoma City, OK 73129. Additional building details such as interior configuration, condition, and site improvements are not provided in the available information.
Interested parties should review the full due diligence materials to confirm layout and suitability for their specific operating needs.
Key Highlights
- Warehouse building for sale with 28,555 SF of available space
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 | $274.1k | $9.60 |
| − Vacancy | −$8.2k | −$0.29 |
| EGI | $265.9k | $9.31 |
| − OpEx | −$39.9k | −$1.40 |
| NOI | $226.0k | $7.92 |
28,555 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.23M
$2.83M – $3.77M
NOI $226,019 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.77M
$8.55M – $11.39M
NOI $683,607 @ 7.0% cap · market cap 20.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
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- Affordable Boat & RV Storage — 3701 S Eastern Ave, Oklahoma City, OK 73129
FAQs
What type of property is this?
Warehouse - Warehouse building totaling 28,555 SF and available for sale.
Where is this warehouse located?
The property is located at 1635 SE 29th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Warehouse building for sale with 28,555 SF of available space
