Flex Space with Drive-In
For Sale
Contact for pricing
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
(405) 831-6952
Listed By:
Michael Raff
(405) 831-6952
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.
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
NOI $99,372 @ 7.0% cap · market cap 14.20%
Second Best
Office B
$969.3K
$848.1K – $1.13M
NOI $67,848 @ 7.0% cap · market cap 9.69%
Theoretical Best
Specialty Retail
$1.93M
$1.69M – $2.26M
NOI $135,360 @ 7.0% cap · market cap 19.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask 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