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4-Unit Flex Building
For Sale
$920,000

4102 S High, Oklahoma City, OK 73129

All four suites are occupied, with office and restroom areas alongside insulated warehouse space.

Property Size12,456 SF
Price / SF$73.86
Days on Market9

Property Features for 4102 S High

General Information

Standard status Active
Size 12,456 SF
Property subtype Industrial
Occupancy 100%

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 4

Additional Details

Highway Access Yes

Building Details

Building Size 12,456 SF
Year Built 1976
Year Renovated 2026
Buildings 1
Tenancy Multi
Listed By: Andrew Hwang, Esq · License #OK #170740
Source: Adeptcre
Added: Sep 28 Last Checked: Oct 5 at 4:17PM

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 Andrew Hwang, Esq

Investment Insights

Based on property information with market context.

This 12,456-SF flex property contains four occupied units and was renovated in 2026. Each unit has office and bathroom areas, a grade-level overhead door, LED lighting, and a gas heater. The insulated warehouse areas have clear heights ranging from 12' to 14', and the building has a new metal roof.

Located at 4102 S High in Oklahoma City, the property offers access from I-35. The building dates to 1976.

Key Highlights

  • 12,456 SF flex building with four occupied units
  • Clear heights range from 12' to 14'; each unit has a grade‑level overhead door
  • Renovated in 2026; building dates to 1976

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,726
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,514,520 $1.5M
Cap Rate 7%
$1,081,800 $1.1M
Cap Rate 9%
$841,400 $841.4K
Market Conditions
NOI Build-Up for 12,456 SF
Gross rent
$112.1K $9.00/SF
− Vacancy
−$3.9K −$0.32/SF
EGI
$108.2K $8.69/SF
− OpEx
−$32.5K −$2.61/SF
NOI
$75.7K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,514,520
Cap Rate 7%
$1,081,800
Cap Rate 9%
$841,400

Alternative Uses

Best Use
Flex RnD
$2.40M
$2.10M – $2.80M (±1% cap)
NOI $167,887 @ 7.0% cap · market cap 18.25%
Second Best
Warehouse
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,592 @ 7.0% cap · market cap 10.72%
Theoretical Best
Specialty Retail
$4.26M
$3.73M – $4.97M (±1% cap)
NOI $298,197 @ 7.0% cap · market cap 32.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Johnnies auto paint ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Hair Salon Gym & Fitness 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.

Lease Details

14 ft
Clear height
4
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
Under-served
Demand for This Use

Demographics for 73129, OK

19,971
Population
7,569
Households
2.6
Avg Household Size
31
Median Age
6%
College-Educated
67%
High-School Grad
12.5 sq mi
ZIP Area
1,598
Density / Sq Mi
$43,941
Median Household Income
$28,481
Median Earnings
$914
Median Rent
$76,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Similar Off Market Nearby

  • Las Twins — 628 Kevin Dr, Oklahoma City, OK 73129

Frequently Asked Questions

What type of property is this?
Flex space - All four suites are occupied, with office and restroom areas alongside insulated warehouse space.
Where is this flex space located?
The property is located at 4102 S High Oklahoma City, OK.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: 12,456 SF flex building with four occupied units; Clear heights range from 12' to 14'; each unit has a grade‑level overhead door; Renovated in 2026; building dates to 1976
More about this property
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