Insulated Flex Space with Gated
23375 Highway 52, Henryetta, OK 74437
For Sale
$450,000
Air-conditioned commercial building with concrete floors, rural water, aerobic septic, and kitchen hookups already installed.
Property Size7,500 SF
Lot Size10.00 Acres
Price / SF$60
Days on Market109
Property Features for 23375 Highway 52
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Conditioned Warehouse
Amenities
Bathroom
Kitchen Hookups
Pond
Gated Entrance
Building Details
Buildings
Building Size
Listing Agency:
Realty of America, LLC
(405) 529-0148
Listed By:
John Eddy
(918) 652-1461
Source:
Exprealty
Added: Jul 22
Changed: Nov 4
Last Checked: Nov 6 at 2:21PM
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 Realty of America, LLC
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Investment Insights
Based on property information with market context.
This flex space includes a 75' x 100' insulated building on approximately 10 acres, with final acreage subject to survey. The building features a heavy-duty concrete foundation engineered to support a three-story structure, concrete floors, air conditioning, and one bathroom. Kitchen hookups are already installed, and the property is served by rural water and an aerobic septic system.
A gated entrance and fencing from Highway 52 provide controlled access and privacy. A pond is positioned at the front of the property. The building and site are configured for a range of commercial and operational applications, including warehouse, manufacturing, workshop, event, or other custom facility uses described in the property information. Located at 23375 Highway 52 in Henryetta, Oklahoma.
A gated entrance and fencing from Highway 52 provide controlled access and privacy. A pond is positioned at the front of the property. The building and site are configured for a range of commercial and operational applications, including warehouse, manufacturing, workshop, event, or other custom facility uses described in the property information. Located at 23375 Highway 52 in Henryetta, Oklahoma.
Key Highlights
- 75' x 100' insulated building
- Approximately 10 acres; final acreage subject to survey
- Heavy‑duty concrete foundation engineered to support a three‑story structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,055
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,100
$721.1K
Cap Rate 7%
$515,071
$515.1K
Cap Rate 9%
$400,611
$400.6K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$53.1K $7.08/SF
− Vacancy
−$1.6K −$0.21/SF
EGI
$51.5K $6.87/SF
− OpEx
−$15.5K −$2.06/SF
NOI
$36.1K $4.81/SF
Area
Okmulgee County, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,100
Cap Rate 7%
$515,071
Cap Rate 9%
$400,611
Alternative Uses
Best Use
Flex RnD
$854.9K
$748.1K – $997.4K
NOI $59,846 @ 7.0% cap · market cap 13.30%
Second Best
Warehouse
$625.4K
$547.3K – $729.7K
NOI $43,781 @ 7.0% cap · market cap 9.73%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,840 @ 7.0% cap · market cap 27.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74437, OK
9,098
Population
4,355
Households
2.1
Avg Household Size
42
Median Age
14%
College-Educated
83%
High-School Grad
190.3 sq mi
ZIP Area
48
Density / Sq Mi
$45,283
Median Household Income
$33,942
Median Earnings
$767
Median Rent
$91,800
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?
Flex space - Air-conditioned commercial building with concrete floors, rural water, aerobic septic, and kitchen hookups already installed.
Where is this flex space located?
The property is located at 23375 Highway 52 Henryetta, OK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 75' x 100' insulated building; Approximately 10 acres; final acreage subject to survey; Heavy‑duty concrete foundation engineered to support a three‑story structure
