Insulated Warehouse with Car
308 West State Highway 152 Mustang, OK 73064
308 West State Highway 152, Mustang, OK, 73064
Contact for pricing
For Sale
Contact for pricing
Insulated unit features a 14’ OH door, car lift, finished bathroom, loft area, and high-ceiling shop space.
Property Size1,195 SF
Price / SF$117.15
Days on Market78
Property Features for 308 West State Highway 152
General Information
- Standard status
- Active
- Size
- 1,195 SF
- Property subtype
- Self Storage, Special Purpose, Mixed Use
Building Details
- Year Built
- 2022
Listing agency
Ariston Realty LLC
(405) 474-9069
Listed by
Lina Koutzev · License #177855
Source
Crexi
Added: May 5 Updated: Jul 21 at 7:59AM Checked: Jul 21 at 7:59AM
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 Ariston Realty LLC
Investment Insights
Based on property information with market context.
Warehouse-style unit for sale at 308 West State Highway 152 in Mustang, OK, configured for small-bay work and storage. The space includes an installed car lift, an insulated shop, and a finished bathroom on the ground level. A 10x20 loft area provides additional space for storage or a small office, and the unit has a 16’ ceiling height to support overhead work and organization.
The property is serviced by a 14’ overhead door and includes a pedestrian door. The overhead door faces east, and the shop includes a central floor drain. There is also garage door wiring prepped for an automatic door opener. The overhead door width supports RV entry up to 13’9”, and the unit is all-electric with provisions noted for potential HVAC or mini-split installation.
HOA dues are $250 per month and include gate access, taxes, water, trash, building insurance, and exterior maintenance. High-speed internet is available, and the unit is listed with versatile small business and storage use options.
The property is serviced by a 14’ overhead door and includes a pedestrian door. The overhead door faces east, and the shop includes a central floor drain. There is also garage door wiring prepped for an automatic door opener. The overhead door width supports RV entry up to 13’9”, and the unit is all-electric with provisions noted for potential HVAC or mini-split installation.
HOA dues are $250 per month and include gate access, taxes, water, trash, building insurance, and exterior maintenance. High-speed internet is available, and the unit is listed with versatile small business and storage use options.
Key Highlights
- Year built 2022 insulated shop unit with 16’ ceiling and finished bathroom on ground level
- 20x50 shop with car lift already installed and central floor drain
- 14’ overhead (OH) door plus a pedestrian door; OH door wide enough for an RV (13’9”)
Local Financial Insights For Retail
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 | $17.2k | $14.40 |
| − Vacancy | −$723 | −$0.60 |
| EGI | $16.5k | $13.80 |
| − OpEx | −$4.9k | −$4.14 |
| NOI | $11.5k | $9.66 |
1,195 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$164.9K
$144.3K – $192.3K
NOI $11,540 @ 7.0% cap · market cap 8.24%
Second Best
Self Storage
$160.0K
$140.0K – $186.7K
NOI $11,202 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$260.2K
$227.7K – $303.6K
NOI $18,214 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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Main Edge Realty
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FAQs
What type of property is this?
Self storage facility - Insulated unit features a 14’ OH door, car lift, finished bathroom, loft area, and high-ceiling shop space.
Where is this self storage facility located?
The property is located at 308 West State Highway 152 Mustang, OK.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Year built 2022 insulated shop unit with 16’ ceiling and finished bathroom on ground level; 20x50 shop with car lift already installed and central floor drain; 14’ overhead (OH) door plus a pedestrian door; OH door wide enough for an RV (13’9”)
