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    Industrial Flex Building For Sale Title is generated by Realmo AI

    220 N WESTERN AVE, Oklahoma City, OK

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    5550 SF industrial flex building available for purchase.

    Type:FLEX_R_AND_D
    Property size:
    5,550 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $162/SF
    Added:
    Sep 3, 2025
    Days on Market:
    288
    Last Refresh:
    May 19 at 10:55 pm

    Property Features for 220 N WESTERN AVE

    General Information

    Standard status
    Active
    Size
    5,550 SF
    Lot size
    0.16 Acres
    Property subtype
    FLEX_R_AND_D

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    Listing Contact
    David Lide
    David Lide

    Listing agent David Lide License #130274

    Listing office Equity Commercial Realty Advisors - OKC

    Listing date Sep 3, 2025

    Source Moodyscre

    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 Equity Commercial Realty Advisors - OKC

    HighLights

    • 5550 SF Industrial Flex Bldg
    • Price: $900,000

    Overview

    This 5550 square foot industrial flex building is available for purchase.

    Local Financial Insights For Flex RnD

    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 $119.9k $21.60
    − Vacancy −$4.8k −$0.86
    EGI $115.1k $20.74
    − OpEx −$40.3k −$7.26
    NOI $74.8k $13.48
    5,550 SF · lease $21.60/SF/yr · vacancy 4.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.07M
    $935.1K – $1.25M (±1% cap)
    NOI $74,805 @ 7.0% cap · market cap 8.31%
    Second Best
    Industrial
    $482.0K
    $421.8K – $562.4K (±1% cap)
    NOI $33,741 @ 7.0% cap · market cap 3.75%
    Theoretical Best
    Specialty Retail
    $1.90M
    $1.66M – $2.21M (±1% cap)
    NOI $132,867 @ 7.0% cap · market cap 14.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    OKC Kayak (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5298
    Latitude
    35.4696

    FAQs

    What type of property is this?
    Flex space - 5550 SF industrial flex building available for purchase.
    Where is this flex space located?
    The property is located at 220 N WESTERN AVE Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 5550 SF Industrial Flex Bldg; Price: $900,000
    (405) 361-2100 Call to check price and availability
    More about this property
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