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    Two-Building Industrial Flex Property Title is generated by Realmo AI

    3070 N 2780 Rd, Hennessey, OK 73742

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    Claim this Listing
    For Sale
    $749,000

    Two industrial buildings with office lofts, overhead doors, and heated flooring, plus a fenced yard for equipment and truck parking.

    Property size:
    13,885 SF
    Lot size:
    3.24 Acres
    Price / SF:
    $53/SF
    Added:
    Apr 17, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 3 at 2:14 am

    Property Features for 3070 N 2780 Rd

    General Information

    Standard status
    Active
    Size
    13,885 SF
    Lot size
    3.24 Acres

    We can help!

    Listing Contact
    Ronnie Gulikers
    Ronnie Gulikers

    Listing agent Ronnie Gulikers License #160225

    Listing office KW Summit

    Listing date Apr 17, 2026

    Source Exprealty

    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 KW Summit

    HighLights

    • Two industrial buildings totaling 13,885 SF GBA and 9,000 SF livable area on 3.24 acres
    • North building (built 2018): 7,164 SF GBA with 6,000 SF usable space, 18’ clear heights, and four 16’x16’ overhead doors
    • North building includes heated flooring, second‑floor office, 18% office buildout, 2,500 SF overhang shed storage, and two offices/living areas downstairs
    • South building (built 2014): 5,221 SF GBA with 3,000 SF usable space, 18’ clear heights, and two 12’x16’ overhead doors
    • South building features heated flooring, 62% office buildout, four offices downstairs with kitchenette and half bath, and second‑floor bedrooms with conference room, laundry, and full bath
    • Fenced gravel‑paved yard with 80,000 SF for equipment/truck parking plus 20+ parking spaces and two main gates

    Overview

    This offering features two attached industrial buildings designed for flexible operations and office functionality. The North Building was built in 2018 and includes 7,164 SF of gross building area with 6,000 SF of usable warehouse space plus a second-floor office. It provides 18’ clear heights, four 16’ x 16’ overhead doors, and approximately 2,500 SF of overhang shed storage, along with a mix of office and work-ready amenities on the main level. Notable interior features include heated flooring throughout the warehouse and office areas, two offices (or living areas), a commercial ice maker, a sink area, and a wall-mounted dry erase board. Upstairs, the layout includes a versatile loft space, a private office or bedroom, and a full bathroom with shower.

    The South Building was built in 2014 and includes 5,221 SF of gross building area with 3,000 SF of usable warehouse space plus a second-floor office. It offers 18’ clear heights and two 12’ x 16’ overhead doors, with four offices downstairs plus a half bathroom and kitchenette. The second floor includes two bedrooms, a dedicated conference room, a laundry room, and a full bathroom with shower. The property sits on 3.24 acres and includes a fenced, gravel-paved yard with an 80,000 SF area suitable for equipment, truck parking, or storage, as well as 20+ parking spaces, steel round piping, and two main gates for controlled access.

    This property is well suited for owner-operators or teams that need practical warehouse space alongside substantial on-site office and meeting areas. The combination of heated flooring, high-clear-span warehouse access, and a secured yard can support a range of industrial and light commercial uses where space for equipment staging and dedicated work areas is important.
    Location Intelligence

    Current Use by Public Records

    Foster Energy LLC Oil And Gas Exploration Service

    Map

    City
    Hennessey
    County
    Kingfisher
    State
    Oklahoma
    Longitude
    -98.050873
    Latitude
    36.135282

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    FAQs

    What type of property is this?
    Flex space - Two industrial buildings with office lofts, overhead doors, and heated flooring, plus a fenced yard for equipment and truck parking.
    Where is this flex space located?
    The property is located at 3070 N 2780 Rd Hennessey, OK.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Two industrial buildings totaling 13,885 SF GBA and 9,000 SF livable area on 3.24 acres; North building (built 2018): 7,164 SF GBA with 6,000 SF usable space, 18’ clear heights, and four 16’x16’ overhead doors; North building includes heated flooring, second‑floor office, 18% office buildout, 2,500 SF overhang shed storage, and two offices/living areas downstairs
    (405) 203-6709
    We can help!
    Listing Contact
    Ronnie Gulikers
    Ronnie Gulikers
    Real Estate License ID: 160225
    Learn More
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    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.

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