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Oklahoma City Industrial Building
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3105-3109 E Reno Ave, Oklahoma City, OK

32,000 SF industrial building with highway access.

Property Size31,950 SF
Lot Size2.55 Acres
Price / SF$73.55
Days on Market502

Property Features for 3105-3109 E Reno Ave

General Information

Standard status Active
Size 31,950 SF
Lot size 2.55 Acres
Property subtype INDUSTRIAL
Listing Agency: Creek CRE
Listed By: Camden Nightengale
Source: Moodyscre
Added: Mar 17, 2025 Changed: Jul 10 Last Checked: Jul 21 at 4:58AM

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 Creek CRE

Investment Insights

Based on property information with market context.

The property at 3105 E Reno Ave in Oklahoma City is a 32,000 square foot industrial building. The facility offers access to major highways I-40 and I-35. The property is suitable for a range of industrial uses, featuring expansive floor space and transportation connectivity. Its location ensures distribution and accessibility throughout the region. The property size is 31,950 square feet.

Key Highlights

  • 32,000 SF industrial building
  • Prime access to major highways I‑40 and I‑35
  • Ideal for a range of industrial uses

Financial Insights For Industrial

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 $287.6k $9.00
− Vacancy −$10.1k −$0.32
EGI $277.5k $8.69
− OpEx −$83.2k −$2.61
NOI $194.2k $6.08
31,950 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$3.61M
$3.16M – $4.21M (±1% cap)
NOI $252,891 @ 7.0% cap · market cap 10.76%
Second Best
Industrial
$2.77M
$2.43M – $3.24M (±1% cap)
NOI $194,240 @ 7.0% cap · market cap 8.27%
Theoretical Best
Specialty Retail
$10.93M
$9.56M – $12.75M (±1% cap)
NOI $764,883 @ 7.0% cap · market cap 32.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Hair Salon Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Market

Average Price Trend$/SF for Industrial properties in Oklahoma City, OK

Jan
Feb
$294 Mar
$242 Apr
$228 May
$191 Jun

Properties on Market for Industrial properties in Oklahoma City

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial property - 32,000 SF industrial building with highway access.
Where is this industrial property located?
The property is located at 3105-3109 E Reno Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 32,000 SF industrial building; Prime access to major highways I‑40 and I‑35; Ideal for a range of industrial uses
(727) 946-3333 Call to check price and availability
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