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Warehouse with Security Fencing
For Sale
$900,000

4295 Banner Road, Noble, OK 73068

Commercial Sale, Noble, OK

Property Size16,000 SF
Lot Size5.00 Acres
Price / SF$56.25
Days on Market47

Property Features for 4295 Banner Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions South of Noble; HW 77 & 48th Ave SE, South on 48th Ave SE to Banner Rd, West to the entrance
Standard status Active
APN 4295NONEBanner73068
Size 16,000 SF
Lot size 5.00 Acres

Utilities

Sewer type Septic Tank
Heating system Zoned
Cooling system Zoned
Water source Well

Amenities

employee locker room
break room
meeting room
shower
laundry

Building Details

Year built 2008
Floors in Building 1
Building materials Metal Siding
Listing Agency: Dean Lemons & Associates
Listed By: Craig Ahrens
Added: Sep 4 Changed: Oct 16 Last Checked: Oct 20 at 9:06AM
MLS# 1242817

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

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Investment Insights

Based on property information with market context.

This 16,000-square-foot warehouse occupies 5 acres and was built in 2008. The metal-sided building includes eight large rooms, an office, employee locker room, break room, meeting room, two bathrooms, a shower, and laundry facilities. Equipment inside the building will remain with the property, and the existing security fencing is included.

Building systems include approximately 16 HVAC package units, 6 mini-split units, 3-phase electric service, a well, and septic. Two 14-foot overhead doors support warehouse access, while an insulated well house provides an additional site improvement. The property is located at 4295 Banner Road in Noble, Oklahoma, near HW 77.

Key Highlights

  • 16,000 square feet on 5 acres
  • Eight large rooms plus office, locker room, break room, meeting room, and 2 bathrooms
  • Approximately 16 HVAC package units and 6 mini‑split units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,469
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,380 $1.5M
Cap Rate 7%
$1,092,414 $1.1M
Cap Rate 9%
$849,656 $849.7K
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$95.2K $5.95/SF
− Vacancy
−$5.2K −$0.33/SF
EGI
$90.0K $5.62/SF
− OpEx
−$13.5K −$0.84/SF
NOI
$76.5K $4.78/SF
Area
Cleveland County, OK
Vacancy
5.50%
Lease Rate
$5.95 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,380
Cap Rate 7%
$1,092,414
Cap Rate 9%
$849,656

Alternative Uses

Best Use
Warehouse
$1.09M
$955.9K – $1.27M (±1% cap)
NOI $76,469 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.93M
$3.44M – $4.59M (±1% cap)
NOI $275,420 @ 7.0% cap · market cap 30.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Cannabis Properties

Suggested Use

Top Pick Plumbing Service Pharmacy Kitchen & Bath Showroom Real Estate Agency Hair Salon Nail Salon

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
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73068, OK

12,368
Population
5,115
Households
2.4
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
64.5 sq mi
ZIP Area
192
Density / Sq Mi
$78,727
Median Household Income
$43,050
Median Earnings
$958
Median Rent
$188,800
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

Similar Off Market Nearby

  • Blue Bear Storage — 8500 US-77, Noble, OK 73068
  • KO Storage of Noble — 8500 us-77, noble, ok 73068
  • KO Storage — 8500 US-77, Noble, OK 73068

Frequently Asked Questions

What type of property is this?
Warehouse - Metal-sided facility includes dedicated office space and employee amenities.
Where is this warehouse located?
The property is located at 4295 Banner Road Noble, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 16,000 square feet on 5 acres; Eight large rooms plus office, locker room, break room, meeting room, and 2 bathrooms; Approximately 16 HVAC package units and 6 mini‑split units
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