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    Industrial Buildings with Geothermal HVAC Title is generated by Realmo AI

    36161 W Hwy 51, Mannford, OK

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    Two industrial buildings totaling 7,440 SF with geothermal HVAC.

    Type:INDUSTRIAL
    Property size:
    7,440 SF
    Lot size:
    1.61 Acres
    Price / SF:
    $80/SF
    Added:
    Apr 1, 2022
    Days on Market:
    1536
    Last Refresh:
    May 20 at 9:43 pm

    Property Features for 36161 W Hwy 51

    General Information

    Standard status
    Active
    Size
    7,440 SF
    Lot size
    1.61 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Sheila Cooper
    Sheila Cooper

    Listing agent Sheila Cooper License #152963

    Listing office Bauer & Associates

    Listing date Apr 1, 2022

    Source Moodyscre

    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 Bauer & Associates

    HighLights

    • Two buildings totaling 7,440 Sq. Ft. (3,600 Sq. Ft. and 3,840 Sq. Ft.)
    • Geothermal Heat & Air
    • 45 KW Generac with Transfer Switch
    • Clear Span Buildings
    • 3 Phase Electric to Property Line
    • CCTV System in Place

    Overview

    This property features two industrial buildings with a total area of 7,440 square feet. Building 1 encompasses 3,600 square feet, while Building 2 offers 3,840 square feet. The property is equipped with a 45 KW Generac generator with a transfer switch. It includes four restrooms and overhead doors. Geothermal heat and air provide climate control. A CCTV system is in place for security. The property has 3-phase electric service to the property line. The buildings are clear span. The property is suitable for office, industrial, veterinarian clinic, or other medical uses.

    Local 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 $52.7k $7.08
    − Vacancy −$1.6k −$0.21
    EGI $51.1k $6.87
    − OpEx −$15.3k −$2.06
    NOI $35.8k $4.81
    7,440 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $510.9K
    $447.1K – $596.1K (±1% cap)
    NOI $35,766 @ 7.0% cap · market cap 5.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.83M
    $1.60M – $2.13M (±1% cap)
    NOI $128,070 @ 7.0% cap · market cap 21.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Department Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mannford
    County
    Creek
    State
    Oklahoma
    Longitude
    -96.3981
    Latitude
    36.1229

    FAQs

    What type of property is this?
    Industrial property - Two industrial buildings totaling 7,440 SF with geothermal HVAC.
    Where is this industrial property located?
    The property is located at 36161 W Hwy 51 Mannford, OK.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Two buildings totaling 7,440 Sq. Ft. (3,600 Sq. Ft. and 3,840 Sq. Ft.); Geothermal Heat & Air; 45 KW Generac with Transfer Switch
    (918) 724-5140 Call to check price and availability
    More about this property
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