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Flex Space with Drive-In Bays
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4203 S Division St, Guthrie, OK 73044

Flex industrial office/warehouse space with office areas, a high-ceiling warehouse, and drive-in bays in Guthrie, OK.

Property Size8,000 SF
Price / SF$87.50
Days on Market466

Property Features for 4203 S Division St

General Information

Standard status Active
Size 8,000 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Listing Agency: Wiggin Properties - OKC
Listed By: Michael Raff
Source: Moodyscre
Added: Apr 23, 2025 Changed: Jul 30 Last Checked: Aug 1 at 1:26PM

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 Wiggin Properties - OKC

Investment Insights

Based on property information with market context.

This flex industrial office/warehouse space offers a flexible layout with dedicated office areas and high-ceilinged warehouse space. The building includes drive-in bays to support a range of commercial and industrial workflows, along with ample parking for employees and visitors.

Located at 4203 S Division St in Guthrie, OK 73044, the property provides easy access to major highways. The combination of office support space and warehouse functionality makes it a strong fit for businesses seeking a single facility that can handle both administrative needs and day-to-day operations.

The space is designed to accommodate a variety of commercial and industrial uses, supported by the warehouse volume and loading-friendly drive-in bay configuration.

Key Highlights

  • Flexible flex space layout with office areas
  • High‑ceilinged warehouse space
  • Drive‑in bays for loading and operations

Financial Insights For Warehouse

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 $76.8k $9.60
− Vacancy −$5.8k −$0.73
EGI $71.0k $8.87
− OpEx −$10.6k −$1.33
NOI $60.3k $7.54
8,000 SF · lease $9.60/SF/yr · vacancy 7.60% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,372 @ 7.0% cap · market cap 14.20%
Second Best
Office B
$969.3K
$848.1K – $1.13M (±1% cap)
NOI $67,848 @ 7.0% cap · market cap 9.69%
Theoretical Best
Specialty Retail
$1.93M
$1.69M – $2.26M (±1% cap)
NOI $135,360 @ 7.0% cap · market cap 19.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Artistic Granite Building Supply Freedom fireworks Discount Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Real Estate Agency Electrical Service Plumbing Service Garden 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73044, OK

24,603
Population
10,050
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
264.7 sq mi
ZIP Area
93
Density / Sq Mi
$71,442
Median Household Income
$39,284
Median Earnings
$890
Median Rent
$200,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex industrial office/warehouse space with office areas, a high-ceiling warehouse, and drive-in bays in Guthrie, OK.
Where is this flex space located?
The property is located at 4203 S Division St Guthrie, OK.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Flexible flex space layout with office areas; High‑ceilinged warehouse space; Drive‑in bays for loading and operations
(405) 831-6952 Call to check price and availability
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