Leased Industrial Flex
2213 NW 178th Street Edmond, OK 73012
2213 NW 178th Street, Edmond, OK, 73012
$3,685,000
For Sale
$3,685,000
MULTI_FAMILY - Edmond, OK
Property Size16,500 SF
Lot Size0.98 Acres
Price / SF$223.33
Days on Market47
Property Features for 2213 NW 178th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 2213NW178th73012
- Size
- 16,500 SF
- Lot size
- 0.98 Acres
Building Details
- Year built
- 2020
Listing agency
The Property Center LLC
(405) 355-2500
Listed by
Abbie Davis · License #155984
(405) 474-1228
Added: Jun 5 Checked: Jul 21 at 8:06AM
MLS# 1232983
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This versatile industrial flex property contains two fully occupied buildings totaling 16,500 square feet. The layout combines warehouse areas with business offices, designed to support a range of industrial and office-oriented operations. Warehouse space includes 22'+ clear heights with flexible floor plans. Tenant-facing amenities include a fully equipped gym and a reservable breakroom/event area intended for company gatherings, team-building activities, training sessions, and private events.
The property is located at 2213 NW 178th Street in Edmond, Oklahoma 73012, within a commercial corridor. The overall zoning is Commercial. The offering is described as 100% leased, reflecting an operational tenant mix that spans industrial, office, and flex-space users.
For investors or owner-operators seeking immediate income from an industrial flex platform, the combination of warehouse clear heights and on-site office space supports multiple business functions under one ownership structure. The included amenity spaces can also be appealing for teams that value workplace facilities beyond standard office buildouts. With both buildings already occupied, the property is positioned as a ready-to-own, multi-building industrial/flex asset with maintained occupancy.
The property is located at 2213 NW 178th Street in Edmond, Oklahoma 73012, within a commercial corridor. The overall zoning is Commercial. The offering is described as 100% leased, reflecting an operational tenant mix that spans industrial, office, and flex-space users.
For investors or owner-operators seeking immediate income from an industrial flex platform, the combination of warehouse clear heights and on-site office space supports multiple business functions under one ownership structure. The included amenity spaces can also be appealing for teams that value workplace facilities beyond standard office buildouts. With both buildings already occupied, the property is positioned as a ready-to-own, multi-building industrial/flex asset with maintained occupancy.
Key Highlights
- 100% leased industrial flex property with 16,500 SF total (two fully occupied buildings)
- Warehouse space with 22'+ clear height and flexible floor plans for a range of industrial uses
- Includes business office space as well as versatile flex‑space for mixed tenant operations
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 | $334.6k | $20.28 |
| − Vacancy | −$17.7k | −$1.07 |
| EGI | $316.9k | $19.21 |
| − OpEx | −$110.9k | −$6.72 |
| NOI | $206.0k | $12.48 |
16,500 SF · lease $20.28/SF/yr · vacancy 5.30% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.94M
$2.57M – $3.43M
NOI $205,975 @ 7.0% cap · market cap 5.59%
Second Best
Office B
$2.67M
$2.33M – $3.11M
NOI $186,599 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,565 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Christ Fit Gym
Gym & Fitness Center
Similar For Sale Nearby
Similar Off Market Nearby
- Testing — 2409 NW 177th St, Edmond, OK 73012
FAQs
What type of property is this?
Flex space - Two leased industrial flex buildings combine warehouse space with business offices and amenity areas.
Where is this flex space located?
The property is located at 2213 NW 178th Street Edmond, OK.
What is the asking price?
The asking price for this property is $3,685,000.
What are key features of this property?
This property features: 100% leased industrial flex property with 16,500 SF total (two fully occupied buildings); Warehouse space with 22'+ clear height and flexible floor plans for a range of industrial uses; Includes business office space as well as versatile flex‑space for mixed tenant operations
