Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2610 Owen K. Garriott Rd Enid, OK 73703

    Sponsored
    For Sale
    $1,200,000

    2610 W. Owen K. Garriott / Highway 412 - Coveted and rare 1+ acre tract and 9400 sq. ft. improvment in Enid's A++ area.

    Property size:
    9,400 SF

    Description

    Added:
    Jan 28, 2026
    Days on Market:
    1
    1.4+/- net acres with a very nice improvement on a highly coveted stretch of W. Owen K. Garriott Rd. (Highway 412) in Enid, OK. This most excellent property is one that does not come along very often and it very well may be a generation before it's available again. The Boss says its time to retire, sow NOW is your opportunity! Situated on 1.8 +/- acres of medium industrially zoned property right in the A++ part of Enid, OK, there is a very nice tilt cast concrete building just under 9,400+/- sq. ft plus an enclosed porch that spans the front. You'll love the condition, and it features a mostly open floor plan, with a mezzanine, retail counter, parts area, bathrooms and offices, and some handy shop space. Very flexible, but also these non structural elements would be easy to remove to have the maximum full retail floor. Additionally, there is a 20'x40' storage to the SE of the main building, and an additional metal shed that is part way on railroad owned property. Use them all like they are, or raze them all for your specific project. Tract has dedicated storm water detention, curb cut, parking, and utilities in place to reduce your development time and cost. Call Cole J. Ream, 580-484-8401, for your very own private viewing, and we always welcome any and all questions.

    Property Features for 2610 Owen K. Garriott Rd

    General Information

    Sale Condition
    redevelopment-project
    Property type
    Flex space
    Investment Type
    owner-user
    Square Feet
    9,400 SF
    Class
    A
    Total Parking Spaces
    20
    Elevators
    No
    Lot Size
    78,408 SF

    Building Details

    Year Built/Renovated
    1976/2015
    Buildings
    3
    Stories
    1
    Units
    1

    We can help!

    Listing Contact
    Cole Ream

    Learn more

    HighLights

    • Easy to reconfigure for multiple tenants or one single tenant, 2 bonus buildings not counted in square footage, impossible to find tract for this size and value.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Enid
    State
    Oklahoma
    Longitude
    -97.8898975
    Latitude
    36.3909445

    Nearby Similar for Sale

    • $500,000
      0.84 Acres

      Turnkey Restaurant & Bar Opportunity

      Fully operational restaurant and bar with entertainment space on corner lot.
      117 W Oxford Ave, Enid, OK 73701
      View Details
    • $450,000

      Enid Commercial Space For Sale

      3,600 sqft commercial property in Enid, OK, built in 2010.
      1710 W Willow Rd, Enid, OK 73703
      View Details
    • $275,900
      0.26 Acres

      Versatile Commercial Space in Enid

      Adaptable commercial property with income potential in Enid, Oklahoma.
      102 S Grant St, Enid, OK 73703
      View Details
    • $245,000
      9,435 SF

      Enid Commercial Space for Sale

      9435 sqft commercial space suitable for various business ventures.
      1810 E Broadway Ave, Enid, OK 73701
      View Details
    • $95,000
      Pending

      Versatile Commercial Property Near Vance AFB

      Multi-building commercial property on 0.5 acres in Enid, Oklahoma.
      1416 N Grand Ave, Enid, OK 73701
      View Details
    • $119,900
      9,750 SF

      Enid Commercial Property For Sale

      Versatile commercial property with multiple insulated buildings and gated lot.
      2809 N Grand Ave, Enid, OK 73701
      View Details
    • $550,000

      Enid Office Building with Amenities

      Centrally located office building with functional layout and ample amenities.
      1710 W Willow Bldg 3, Enid, OK 73703
      View Details
    • $220,000

      Enid Commercial Property for Sale

      Versatile commercial property suitable for various business opportunities in Enid.
      1302 W Broadway Ave, Enid, OK 73703
      View Details
    • $69,900

      Enid Multi-Unit Investment Opportunity

      Multi-unit property in Enid, OK with rental income potential.
      111 Locust Ave W Locust, Enid, OK 73701
      View Details
    • $109,000

      Enid Duplex with Fenced Yard

      Well-maintained duplex in Enid, OK with move-in ready unit.
      1302 N 13Th St, Enid, OK 73701
      View Details
    • New
      Contact for pricing
      9,000 SF

      Adaptable Commercial Space in Enid

      Spacious, two-story commercial property in downtown Enid with multi-use potential.
      221 W Randolph Ave, Enid, OK 73703
      View Details
    • $350,000
      0.87 Acres

      Enid Metal Shop with Office

      4,000 Sq Ft metal shop on 0.87-acre lot.
      4502 N 4Th St, Enid, OK 73701
      View Details

    FAQs

    What type of property is this?
    Flex space - 2610 W. Owen K. Garriott / Highway 412 - Coveted and rare 1+ acre tract and 9400 sq. ft. improvment in Enid's A++ area.
    Where is this flex space located?
    The property is located at 2610 Owen K. Garriott Rd Enid, 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: Easy to reconfigure for multiple tenants or one single tenant, 2 bonus buildings not counted in square footage, impossible to find tract for this size and value.
    (580) 484-8400
    Request Owner's contact information
    2610 Owen K. Garriott Rd Enid, OK 73703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2610 Owen K. Garriott Rd
    Enid, OK 73703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2610 Owen K. Garriott Rd Enid, OK 73703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Cole Ream
    (580) 484-8400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.