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    Warehouse with Office Space Title is generated by Realmo AI

    4100 S Van Buren, Enid, OK 73703

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    For Sale
    $450,000

    Commercial Building - Enid, OK

    Property size:
    2,000 SF
    Lot size:
    5.30 Acres
    Price / SF:
    $225/SF
    Added:
    Mar 31, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 6 at 9:06 pm

    Property Features for 4100 S Van Buren

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    200
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Garage
    Standard status
    Active
    Size
    2,000 SF
    Lot size
    5.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Year renovated
    1970
    Flooring type
    Carpet
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    David 'Jesse' Lamunyon

    Listing agent David 'Jesse' Lamunyon

    Listing office United Country Real Estate Rockin Double J LLC 601 S. Harding, Ste B, Enid, OK

    Listing date Mar 31, 2026

    MLS# 11684104 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 4‑bay warehouse/shop area
    • 5.3 fenced acres
    • 2000 sqft of office space
    • Central air conditioning
    • Garage parking
    • Forced air heating

    Overview

    This property includes approximately 2,000 square feet of office space and a large four-bay warehouse or shop area, offering a functional split between work space and administrative needs. The building is situated on approximately 5.3 fenced acres (mol), providing an enclosed yard setting for day-to-day activities.

    Located at 4100 S Van Buren in Enid, Oklahoma 73703, the property is described with zoning of 200. The overall parcel configuration supports use as an industrial-style facility where vehicles, equipment, and operational staging may be kept within a fenced perimeter.

    For buyers seeking a single-site setup, the combination of office space with a four-bay warehouse/shop can support businesses that need on-site management along with storage, work, or light operational space. The fenced 5.3-acre lot (mol) may also be practical for tenants or owners who prefer an enclosed area for equipment and workflow continuity. Offered for sale as a commercial building, it can be a straightforward option for operators looking to house both administrative functions and industrial space together.

    Local Financial Insights For Office B

    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 $39.1k $19.56
    − Vacancy −$4.0k −$1.98
    EGI $35.2k $17.58
    − OpEx −$8.8k −$4.40
    NOI $26.4k $13.19
    2,000 SF · lease $19.56/SF/yr · vacancy 10.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $376.8K
    $329.7K – $439.6K (±1% cap)
    NOI $26,377 @ 7.0% cap · market cap 5.86%
    Second Best
    Warehouse
    $214.6K
    $187.8K – $250.3K (±1% cap)
    NOI $15,020 @ 7.0% cap · market cap 3.34%
    Theoretical Best
    Office A
    $550.8K
    $482.0K – $642.6K (±1% cap)
    NOI $38,556 @ 7.0% cap · market cap 8.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Auto Parts Store Hotel & Motel Department Store Kitchen & Bath Showroom Food Market Storage Facility

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

    Similar Places Nearby

    • 81 Storage — 1819 S Van Buren St, Enid, OK 73703

    Location Insight

    • Map
    • Local Demand
    City
    Enid
    County
    Garfield
    State
    Oklahoma
    Longitude
    -97.89038
    Latitude
    36.352107

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    FAQs

    What type of property is this?
    Warehouse - Combination office space and a large four-bay warehouse/shop on fenced acreage provides space for operations and administration.
    Where is this warehouse located?
    The property is located at 4100 S Van Buren Enid, OK.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Large 4‑bay warehouse/shop area; 5.3 fenced acres; 2000 sqft of office space
    (580) 747-6930
    We can help!
    Listing Contact
    David 'Jesse' Lamunyon
    Request Owner's contact information
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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.

    More about this property
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