Insulated Garage Condo with Overhead
For Sale
$187,500
16571 S Broadway Street W C1, Glenpool, OK 74033
Fully insulated garage condo includes a 16’ overhead door and separately metered electric service.
Property Size1,500 SF
Price / SF$125
Days on Market97
Property Features for 16571 S Broadway Street W C1
General Information
Standard status
Active
Size
1,500 SF
Building Details
Year Built
2023
Listing Agency:
Keller Williams Preferred
Listed By:
Brian Frere · License #139098
(918) 298-6900
Source:
Accentrealtors
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 7 at 1:38PM
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 Keller Williams Preferred
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Investment Insights
Based on property information with market context.
Mammoth Luxury Garage Condos offers Class A garage condo space combining premium storage and flex capabilities. This 1,500 sq ft unit is 25’ wide and 60’ deep and features a 16’ overhead door, fully insulated construction, and separately metered electric service. The unit also includes dedicated RV outlets, LED lighting, and a pedestrian door, along with water/sewer connections, internet and cable access.
The development is located just off Hwy 75 at 16571 S Broadway Street W C1, Glenpool, OK 74033. Access is gated and fenced with 24/7 security monitoring, and wide drive aisles (approx. 68’) are provided for maneuverability.
Additional buyer customization options referenced for the property include potential mezzanines, HVAC systems, epoxy flooring, and built-in cabinetry.
The development is located just off Hwy 75 at 16571 S Broadway Street W C1, Glenpool, OK 74033. Access is gated and fenced with 24/7 security monitoring, and wide drive aisles (approx. 68’) are provided for maneuverability.
Additional buyer customization options referenced for the property include potential mezzanines, HVAC systems, epoxy flooring, and built-in cabinetry.
Key Highlights
- 2023‑built luxury garage condo, fully insulated, with separately metered electric service
- 1,500 SF unit measuring 25' wide and 60' deep with a 16' overhead door
- Includes dedicated RV outlets, LED lighting, and water/sewer connections plus internet and cable access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,890
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,800
$257.8K
Cap Rate 7%
$184,143
$184.1K
Cap Rate 9%
$143,222
$143.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$19.8K $13.20/SF
− Vacancy
−$1.4K −$0.92/SF
EGI
$18.4K $12.28/SF
− OpEx
−$5.5K −$3.68/SF
NOI
$12.9K $8.59/SF
Area
Tulsa County, OK
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,800
Cap Rate 7%
$184,143
Cap Rate 9%
$143,222
Alternative Uses
Best Use
Self Storage
$184.1K
$161.1K – $214.8K
NOI $12,890 @ 7.0% cap · market cap 6.87%
Second Best
Warehouse
$138.5K
$121.2K – $161.6K
NOI $9,696 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$338.1K
$295.8K – $394.4K
NOI $23,664 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
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Business Placement
Demographics for 74033, OK
13,254
Population
4,868
Households
2.7
Avg Household Size
34
Median Age
25%
College-Educated
91%
High-School Grad
12.3 sq mi
ZIP Area
1,078
Density / Sq Mi
$77,306
Median Household Income
$43,382
Median Earnings
$1,292
Median Rent
$194,400
Median Home Value
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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?
Self storage facility - Fully insulated garage condo includes a 16’ overhead door and separately metered electric service.
Where is this self storage facility located?
The property is located at 16571 S Broadway Street W C1 Glenpool, OK.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: 2023‑built luxury garage condo, fully insulated, with separately metered electric service; 1,500 SF unit measuring 25' wide and 60' deep with a 16' overhead door; Includes dedicated RV outlets, LED lighting, and water/sewer connections plus internet and cable access
