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Oklahoma City Warehouse For Sale

3035 NE 23rd St Oklahoma City, OK 73121

3035 NE 23rd St, Oklahoma City, OK, 73121
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For Sale
Contact for pricing

2400 sqft warehouse available in Oklahoma City, Oklahoma.

Property Size2,400 SF
Price / SF$185.83
Days on Market63

Property Features for 3035 NE 23rd St

General Information

Standard status
Active
Size
2,400 SF
Property subtype
Industrial
Listing Agency Mercer Company
Listed by Tucker Cason · License #Oklahoma
Source Crexi
Added: May 16 Checked: Jul 15 at 12:53 pm

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 Mercer Company


Investment Insights

Based on property information with market context.

This commercial real estate offering consists of a 2400 square foot warehouse property located at 3035 NE 23rd St in Oklahoma City, Oklahoma. The property is designated for sale and is suitable for warehouse and industrial purposes.

Key Highlights

  • Property Address: 3035 NE 23rd St, Oklahoma City, OK 73121

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.0k $9.60
− Vacancy −$691 −$0.29
EGI $22.3k $9.31
− OpEx −$3.4k −$1.40
NOI $19.0k $7.92
2,400 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$271.4K
$237.5K – $316.6K (±1% cap)
NOI $18,996 @ 7.0% cap · market cap 4.26%
Second Best
Industrial
$208.4K
$182.4K – $243.2K (±1% cap)
NOI $14,591 @ 7.0% cap · market cap 3.27%
Theoretical Best
Specialty Retail
$820.8K
$718.2K – $957.6K (±1% cap)
NOI $57,456 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Parking Lot & Garage Electrical Service Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Warehouse - 2400 sqft warehouse available in Oklahoma City, Oklahoma.
Where is this warehouse located?
The property is located at 3035 NE 23rd St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $446,000.
What are key features of this property?
This property features: Property Address: 3035 NE 23rd St, Oklahoma City, OK 73121
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