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Turn-Key Machine Shop & Warehouse

421 W Claremore Street Claremore, OK 74017

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Heavy-duty industrial facility near Route 66 in Claremore, OK.

Type:Industrial
Property size:
7,420 SF
Price / SF:
$93.67/SF
Added:
Mar 10, 2026
Days on Market:
127
Last Refresh:
Jul 2 at 5:38 am

Property Features for 421 W Claremore Street

General Information

Standard status
Active
Size
7,420 SF
Property subtype
Industrial

Building Details

Year Built
1985

Listing office Keller Williams Premier

Listing date Mar 10, 2026

Source Crexi

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 Keller Williams Premier


Investment Insights

Based on property information with market context.

This versatile, heavy-duty industrial facility is located one block from Historic Route 66 in Claremore, OK. Formerly used for specialized CNC machining and grinding, this building is ready for manufacturing, fabrication, or any high-capacity industrial operation. The facility is equipped with Single-Phase 230V, 3-Phase 230V, and 3-Phase 480V power, with infrastructure in place for seven complete machine units. Integrated airlines are located throughout the workspace, along with dedicated space for large air compressors and band saws. The entire shop is climate-controlled. The property includes two private offices, a full kitchen, a full bathroom plus separate restrooms, ample storage, and dedicated customer parking. The building's electrical infrastructure is engineered to handle massive equipment. The property offers excellent visibility and easy logistics. The building size is 7,420 square feet. Buyer to verify all future zoning with the city.

Key Highlights

  • Turn‑key machine shop and warehouse ready for manufacturing, fabrication, or high‑capacity industrial operations.
  • Heavy electrical infrastructure with Single‑Phase 230V, 3‑Phase 230V, and 3‑Phase 480V power.
  • Climate‑controlled shop ensuring precision and comfortable working environment.

Local 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 $62.3k $8.40
− Vacancy −$2.8k −$0.38
EGI $59.5k $8.02
− OpEx −$8.9k −$1.20
NOI $50.6k $6.82
7,420 SF · lease $8.40/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$722.8K
$632.4K – $843.3K (±1% cap)
NOI $50,595 @ 7.0% cap · market cap 7.28%
Second Best
Industrial
$634.4K
$555.1K – $740.2K (±1% cap)
NOI $44,409 @ 7.0% cap · market cap 6.39%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,087 @ 7.0% cap · market cap 18.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Superior Grinding & Sales, ... Industrial Manufacturer

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service HVAC Service Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Manufacturing property - Heavy-duty industrial facility near Route 66 in Claremore, OK.
Where is this manufacturing property located?
The property is located at 421 W Claremore Street Claremore, OK.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Turn‑key machine shop and warehouse ready for manufacturing, fabrication, or high‑capacity industrial operations.; Heavy electrical infrastructure with Single‑Phase 230V, 3‑Phase 230V, and 3‑Phase 480V power.; Climate‑controlled shop ensuring precision and comfortable working environment.
Contact an agent
(918) 272-0809 Call to check price and availability
More about this property
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