Flex Space with Dock
For Sale
Contact for pricing
1901 SE 29th St, Oklahoma City, OK 73129
Flex space featuring a single dock door, 8 offices, break room, and two 10' x 12' drive-in doors.
Property Size12,000 SF
Price / SF$81.25
Days on Market390
Property Features for 1901 SE 29th St
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
15
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
1
Drive-In Doors
2
Amenities
Break room
Reception area
Listing Agency:
Price Edwards and Company - Oklahoma City
(405) 239-1236
Listed By:
Chris Roberts
Source:
Moodyscre
Added: Jul 8, 2025
Changed: Jul 30
Last Checked: Aug 1 at 11:55AM
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 Price Edwards and Company - Oklahoma City
Investment Insights
Based on property information with market context.
This flex space includes a warehouse area with office support. The building height is 16', with one dock door and two 10' x 12' drive-in doors. Interior amenities are office-focused, with 8 individual offices plus a reception area and a break room. Office restroom facilities include two office restrooms, and the warehouse has one additional restroom.
Operationally, the site provides 15 parking spots and the drive-in access supports flexible receiving or service use. The combination of docks, drive-in doors, and dedicated office space can work well for teams that need both warehouse functionality and daily customer or administrative space.
The property is sized at 12,000 SF and is offered for sale.
Operationally, the site provides 15 parking spots and the drive-in access supports flexible receiving or service use. The combination of docks, drive-in doors, and dedicated office space can work well for teams that need both warehouse functionality and daily customer or administrative space.
The property is sized at 12,000 SF and is offered for sale.
Key Highlights
- 16' building height
- One dock door
- Two 10' x 12' drive‑in doors
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 | $108.0k | $9.00 |
| − Vacancy | −$3.8k | −$0.32 |
| EGI | $104.2k | $8.69 |
| − OpEx | −$31.3k | −$2.61 |
| NOI | $73.0k | $6.08 |
12,000 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$2.31M
$2.02M – $2.70M
NOI $161,741 @ 7.0% cap · market cap 16.59%
Second Best
Warehouse
$1.36M
$1.19M – $1.58M
NOI $94,982 @ 7.0% cap · market cap 9.74%
Theoretical Best
Specialty Retail
$4.10M
$3.59M – $4.79M
NOI $287,280 @ 7.0% cap · market cap 29.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73129, OK
19,971
Population
7,569
Households
2.6
Avg Household Size
31
Median Age
6%
College-Educated
67%
High-School Grad
12.5 sq mi
ZIP Area
1,598
Density / Sq Mi
$43,941
Median Household Income
$28,481
Median Earnings
$914
Median Rent
$76,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space featuring a single dock door, 8 offices, break room, and two 10' x 12' drive-in doors.
Where is this flex space located?
The property is located at 1901 SE 29th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 16' building height; One dock door; Two 10' x 12' drive‑in doors
