Manufacturing Facility with
For Sale
$2,265,000
3300 South Ann Arbor Avenue, Oklahoma City, OK 73179
Industrial manufacturing facility with multiple cranes, heavy power, grade-level loading, and a fenced, mostly paved yard.
Property Size20,125 SF
Price / SF$112.55
Days on Market111
Property Features for 3300 South Ann Arbor Avenue
General Information
Standard status
Active
Size
20,125 SF
Property subtype
Industrial
Listing Agency:
CBRE - Oklahoma City
Listed By:
Randy Lacey · License #067465
(405) 607-6062
Source:
Cbre
Added: May 16
Changed: Sep 2
Last Checked: Sep 2 at 1:36PM
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 CBRE - Oklahoma City
Investment Insights
Based on property information with market context.
The manufacturing facility contains 20,125± SF of building area, including 2,240± SF of office space, plus 850± SF of canopy storage. Improvements date from 1997 - 2008 and sit on 1.52± AC zoned I-2 (Moderate Industrial). The property is equipped with 1,000 Amps of power across 120/208/460/600/277/480 Volts and 3-Phase service.
Twelve grade-level doors support loading and circulation, with door sizes ranging from 10’ x 14’ to 12’ x 16’. Clear height ranges from 20’ to 14’, with 12’ under hook. The warehouse includes insulated metal liner panels, a compressor room with compressor, radiant/gas-space heating, wash bay, paint booth, compressed air lines, and exhaust fans. The south portion of the main building is fully climate controlled.
Five 5-ton cranes and one 3-ton crane serve the manufacturing area. LED and high-efficiency fluorescent lighting are installed throughout, while the yard is fenced and mostly paved.
Twelve grade-level doors support loading and circulation, with door sizes ranging from 10’ x 14’ to 12’ x 16’. Clear height ranges from 20’ to 14’, with 12’ under hook. The warehouse includes insulated metal liner panels, a compressor room with compressor, radiant/gas-space heating, wash bay, paint booth, compressed air lines, and exhaust fans. The south portion of the main building is fully climate controlled.
Five 5-ton cranes and one 3-ton crane serve the manufacturing area. LED and high-efficiency fluorescent lighting are installed throughout, while the yard is fenced and mostly paved.
Key Highlights
- 20,125± SF building with 850± SF canopy storage and 2,240± SF office
- 1.52± AC site zoned I‑2 (Moderate Industrial)
- 1,000 Amps, 120/208/460/600/277/480 Volts, 3‑Phase power
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$159,293
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,185,860
$3.2M
Cap Rate 7%
$2,275,614
$2.3M
Cap Rate 9%
$1,769,922
$1.8M
Market Conditions
NOI Build-Up for 20,125 SF
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.
Gross rent
$193.2K $9.60/SF
− Vacancy
−$5.8K −$0.29/SF
EGI
$187.4K $9.31/SF
− OpEx
−$28.1K −$1.40/SF
NOI
$159.3K $7.92/SF
Area
Oklahoma City, OK
Vacancy
3.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,185,860
Cap Rate 7%
$2,275,614
Cap Rate 9%
$1,769,922
Alternative Uses
Best Use
Warehouse
$2.28M
$1.99M – $2.65M
NOI $159,293 @ 7.0% cap · market cap 7.03%
Second Best
Industrial
$1.75M
$1.53M – $2.04M
NOI $122,350 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$6.88M
$6.02M – $8.03M
NOI $481,793 @ 7.0% cap · market cap 21.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 73179, OK
7,575
Population
3,038
Households
2.5
Avg Household Size
34
Median Age
40%
College-Educated
92%
High-School Grad
11.8 sq mi
ZIP Area
642
Density / Sq Mi
$103,713
Median Household Income
$52,351
Median Earnings
$1,699
Median Rent
$235,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial manufacturing facility with multiple cranes, heavy power, grade-level loading, and a fenced, mostly paved yard.
Where is this manufacturing property located?
The property is located at 3300 South Ann Arbor Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,265,000.
What are key features of this property?
This property features: 20,125± SF building with 850± SF canopy storage and 2,240± SF office; 1.52± AC site zoned I‑2 (Moderate Industrial); 1,000 Amps, 120/208/460/600/277/480 Volts, 3‑Phase power
