Two-Building Flex Industrial
For Sale
Contact for pricing
2700 RAILROAD DR, Edmond, OK 73013
Vacant at closing with a fenced, paved concrete yard for trailer parking, laydown, and equipment staging.
Property Size19,350 SF
Lot Size2.36 Acres
Price / SF$123.98
Days on Market54
Property Features for 2700 RAILROAD DR
General Information
Standard status
Active
Size
19,350 SF
Lot size
2.36 Acres
Property subtype
Industrial
Zoning
F-1 Light Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
2
Heavy Power
Yes
Sprinkler System
Yes
Additional Details
Asking Price
$2,399,000
Building Details
Year Built
2006
Buildings
2
Construction
steel frame
Listing Agency:
Trio Commercial Real Estate
Listed By:
Jonathan Thompson · License #170776
Source:
Crexi
Added: Sep 14
Changed: Nov 4
Last Checked: Nov 6 at 8:34AM
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 Trio Commercial Real Estate
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Investment Insights
Based on property information with market context.
The property comprises two steel-frame flex-industrial buildings totaling approximately 19,350 SF on an approximately 2.36-acre fenced site. Each building is approximately 9,375 SF, with open-span interiors, smooth concrete floors, 16' clear height, 18' walls, heavy power, wet sprinklers, and one 18'W x 14'H drive-in overhead door. A roughly 600 SF enclosed, fully sprinklered breezeway connects the buildings, while a solid firewall separates them. The City of Edmond has confirmed the buildings may be sold separately, and the breezeway conveys with the West building.
The East building fronts Railroad Dr, while the West building provides private parking and direct yard access. The paved concrete yard supports trailer parking, laydown, and equipment staging. F-1 Light Industrial zoning applies. The property is located at 2700 Railroad Dr in Edmond, with access to the S Broadway corridor, I-35, and US-77. Both buildings are delivered vacant at closing.
The East building fronts Railroad Dr, while the West building provides private parking and direct yard access. The paved concrete yard supports trailer parking, laydown, and equipment staging. F-1 Light Industrial zoning applies. The property is located at 2700 Railroad Dr in Edmond, with access to the S Broadway corridor, I-35, and US-77. Both buildings are delivered vacant at closing.
Key Highlights
- ±19,350 SF of flex‑industrial space in two buildings
- Two ±9,375 SF steel‑frame buildings connected by a ±600 SF enclosed breezeway
- ±2.36‑acre fenced site with paved concrete yard for trailer parking and equipment staging
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,896
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,917,920
$2.9M
Cap Rate 7%
$2,084,229
$2.1M
Cap Rate 9%
$1,621,067
$1.6M
Market Conditions
NOI Build-Up for 19,350 SF
Gross rent
$185.8K $9.60/SF
− Vacancy
−$14.1K −$0.73/SF
EGI
$171.6K $8.87/SF
− OpEx
−$25.7K −$1.33/SF
NOI
$145.9K $7.54/SF
Area
Oklahoma County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,917,920
Cap Rate 7%
$2,084,229
Cap Rate 9%
$1,621,067
Alternative Uses
Best Use
Flex RnD
$3.45M
$3.02M – $4.03M
NOI $241,553 @ 7.0% cap · market cap 10.07%
Second Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,896 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$4.03M
$3.53M – $4.70M
NOI $282,117 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,343
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73013, OK
56,972
Population
22,971
Households
2.5
Avg Household Size
36
Median Age
59%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
1,742
Density / Sq Mi
$108,727
Median Household Income
$54,073
Median Earnings
$1,465
Median Rent
$292,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Oklahoma County, OK
Properties on Market for Flex space in Oklahoma County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Vacant at closing with a fenced, paved concrete yard for trailer parking, laydown, and equipment staging.
Where is this flex space located?
The property is located at 2700 RAILROAD DR Edmond, OK.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: ±19,350 SF of flex‑industrial space in two buildings; Two ±9,375 SF steel‑frame buildings connected by a ±600 SF enclosed breezeway; ±2.36‑acre fenced site with paved concrete yard for trailer parking and equipment staging
