Oklahoma City Industrial Properties For
1820 SE 40th Street Oklahoma City, OK 73129
For Sale
Contact for pricing
Pending
35 acres of industrial land near I-35 in Oklahoma City.
Property Size21,600 SF
Lot Size35.00 Acres
Days on Market137
Property Features for 1820 SE 40th Street
General Information
- Standard status
- Pending
- Size
- 21,600 SF
- Lot size
- 35.00 Acres
- Property subtype
- Industrial
Listing Agency:
Moriah Real Estate Company
(405) 248-8016
Listed By:
Jake Wilburn · License #OK 206382
Source:
Crexi
Added: Mar 11
Changed: Jul 10
Last Checked: Jul 24 at 6:35PM
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 Moriah Real Estate Company
Investment Insights
Based on property information with market context.
Industrial properties comprising nearly 35 acres across six adjacent parcels are available in central Oklahoma City. The properties are positioned on both the north and south sides of 44th Street between I-35 and Eastern Avenue, less than one mile from I-35, offering accessibility and a substantial land footprint. The improvements include a large industrial facility equipped with nine overhead doors, generous parking, and a flexible office/warehouse configuration featuring impressive clear heights. The property at 1820 SE 40th Street, Oklahoma City, OK 73129 contains 21,600 square feet. It is well suited for a variety of industrial or distribution uses. The properties can be sold individually or as a package.
Key Highlights
- Large industrial facility with nine overhead doors and generous parking.
- Nearly 35 acres across six adjacent parcels.
- Flexible office/warehouse configuration with impressive clear heights.
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 | $207.4k | $9.60 |
| − Vacancy | −$6.2k | −$0.29 |
| EGI | $201.1k | $9.31 |
| − OpEx | −$30.2k | −$1.40 |
| NOI | $171.0k | $7.92 |
21,600 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.44M
$2.14M – $2.85M
NOI $170,968 @ 7.0% cap · market cap 4.27%
Second Best
Industrial
$1.88M
$1.64M – $2.19M
NOI $131,317 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$7.39M
$6.46M – $8.62M
NOI $517,104 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tuboscope Rod Plant
Factory
Superior Steel
Discount Store
Similar Off Market Nearby
- Storage Oklahoma — 3401 S I-35 Service Rd, Oklahoma City, OK 73129
- Young's Camper and Boat Storage, Inc. — 3701 S Eastern Ave, Oklahoma City, OK 73129
- American Self Storage #8 — 4900 S Hattie Ave, Oklahoma City, OK 73129
- Public Storage — 2103 SE 44th St, Oklahoma City, OK 73129
- Affordable Boat & RV Storage — 3701 S Eastern Ave, Oklahoma City, OK 73129
FAQs
What type of property is this?
Warehouse - 35 acres of industrial land near I-35 in Oklahoma City.
Where is this warehouse located?
The property is located at 1820 SE 40th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Large industrial facility with **nine overhead doors and generous parking**.; Nearly 35 acres across six adjacent parcels.; Flexible office/warehouse configuration with **impressive clear heights**.
