Manufacturing
For Sale
Contact for pricing
2640 NW 2nd St, Oklahoma City, OK 73107
Manufacturing building offered for sale, totaling 22,882 square feet.
Property Size22,882 SF
Price / SF$69.92
Days on Market262
Property Features for 2640 NW 2nd St
General Information
Standard status
Active
Size
22,882 SF
Property subtype
Industrial
Zoning
I-2 (Moderate Industrial)
Listing Agency:
CBRE - Oklahoma City
Listed By:
Randy Lacey · License #OK 067465
(405) 607-6062
Source:
Crexi
Added: Jan 30
Changed: Oct 6
Last Checked: Oct 19 at 3:19AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This manufacturing building is available for sale and totals 22,882 square feet. The property is identified as a manufacturing facility within the industrial and commercial real estate categories.
The building is located at 2640 NW 2nd St in Oklahoma City, Oklahoma.
The building is located at 2640 NW 2nd St in Oklahoma City, Oklahoma.
Key Highlights
- Manufacturing building for sale
- Total building size: 22,882 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,111
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,782,220
$2.8M
Cap Rate 7%
$1,987,300
$2.0M
Cap Rate 9%
$1,545,678
$1.5M
Market Conditions
NOI Build-Up for 22,882 SF
Gross rent
$205.9K $9.00/SF
− Vacancy
−$7.2K −$0.32/SF
EGI
$198.7K $8.69/SF
− OpEx
−$59.6K −$2.61/SF
NOI
$139.1K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,782,220
Cap Rate 7%
$1,987,300
Cap Rate 9%
$1,545,678
Alternative Uses
Best Use
Industrial
$1.99M
$1.74M – $2.32M
NOI $139,111 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.83M
$6.85M – $9.13M
NOI $547,795 @ 7.0% cap · market cap 34.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
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?
Manufacturing property - Manufacturing building offered for sale, totaling 22,882 square feet.
Where is this manufacturing property located?
The property is located at 2640 NW 2nd St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Manufacturing building for sale; Total building size: 22,882 SF
