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Warehouse Property
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2608 S Ann Arbor Avenue, Oklahoma City, OK 73128

Built in 2015 with I-2 zoning and an 8,200-square-foot footprint.

Property Size8,200 SF
Price / SF$146.34
Days on Market56

Property Features for 2608 S Ann Arbor Avenue

General Information

Standard status Active
Size 8,200 SF
Total Parking Spaces 14
Property subtype Industrial
Zoning I-2
Lease Type NNN

Building Details

Year Built 2015
Buildings 1
Tenancy Single
Listing Agency: CBRE - Oklahoma City
Listed By: Caitlin Mazaheri · License #OK 156112
Source: Crexi
Added: Aug 14 Changed: Oct 5 Last Checked: Oct 7 at 12:04PM

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 CBRE - Oklahoma City

Investment Insights

Based on property information with market context.

This warehouse property contains 8,200 square feet and was constructed in 2015. The building carries I-2 zoning, supporting its classification within an industrial property setting.

Located at 2608 S Ann Arbor Avenue in Oklahoma City, the asset offers a defined warehouse configuration with a documented construction date and established industrial zoning. The property is available for sale.

Key Highlights

  • 8,200‑square‑foot warehouse property
  • I‑2 zoning
  • Built in 2015

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,905
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,100 $1.3M
Cap Rate 7%
$927,214 $927.2K
Cap Rate 9%
$721,167 $721.2K
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$78.7K $9.60/SF
− Vacancy
−$2.4K −$0.29/SF
EGI
$76.4K $9.31/SF
− OpEx
−$11.5K −$1.40/SF
NOI
$64.9K $7.92/SF
Area
Oklahoma City, OK
Vacancy
3.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,100
Cap Rate 7%
$927,214
Cap Rate 9%
$721,167

Alternative Uses

Best Use
Warehouse
$927.2K
$811.3K – $1.08M (±1% cap)
NOI $64,905 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,308 @ 7.0% cap · market cap 16.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Hair Salon Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
Balanced
Demand for This Use

Demographics for 73128, OK

5,950
Population
3,006
Households
2
Avg Household Size
33
Median Age
45%
College-Educated
87%
High-School Grad
7.3 sq mi
ZIP Area
815
Density / Sq Mi
$73,729
Median Household Income
$42,249
Median Earnings
$1,369
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Built in 2015 with I-2 zoning and an 8,200-square-foot footprint.
Where is this warehouse located?
The property is located at 2608 S Ann Arbor Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8,200‑square‑foot warehouse property; I‑2 zoning; Built in 2015
(405) 607-6059 Call to check price and availability
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