New Construction Retail/Warehouse
For Sale
$1,390,000
4415 W Reno Avenue, Oklahoma City, OK 73107
New construction 8,080 SF building ready for buildout.
Property Size8,080 SF
Lot Size0.62 Acres
Price / SF$172.03
Days on Market572
Property Features for 4415 W Reno Avenue
General Information
Standard status
Active
Size
8,080 SF
Lot size
0.62 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2024
Listing Agency:
Andy Janko Realty Ltd Co.
(405) 620-6720
Listed By:
Dave Shannon · License #138374
(405) 620-6720
Source:
Exitrealty
Added: Jan 6, 2025
Changed: Jul 10
Last Checked: Aug 1 at 9:51AM
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 Andy Janko Realty Ltd Co.
Investment Insights
Based on property information with market context.
This is a new construction 8,080 square foot building situated on a 0.62 acre lot. The building, addressed as 4415 W Reno Ave, is in shell form and features EIFS facades on the front and sides, partial climate control, and a new TPO roof. The property includes two 10' x 10' grade doors, offering a warehousing space option that can complement a storefront retail or skilled trade business model. There are 37 dedicated parking spaces, resulting in a parking ratio of 4.6:1. A cross access agreement option with Mattress King is available to facilitate traffic flow and enhance the parking ratio. The property is enhanced by lighted monument signage, sprinklered landscaping, and new concrete paving. Located on Reno Avenue, the property benefits from excellent visibility, strong traffic counts, and convenient Interstate access.
Key Highlights
- New construction (2024) 8,080/SF building ready for custom buildout.
- Excellent Reno Avenue visibility with strong traffic counts and easy Interstate access.
- Ample dedicated parking with 37 spaces (4.6:1 ratio).
Financial Insights For Flex RnD
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 | $174.5k | $21.60 |
| − Vacancy | −$7.0k | −$0.86 |
| EGI | $167.5k | $20.74 |
| − OpEx | −$58.6k | −$7.26 |
| NOI | $108.9k | $13.48 |
8,080 SF · lease $21.60/SF/yr · vacancy 4.00% · expense 35.00%
Alternative Uses
Best Use
Retail
$2.28M
$1.99M – $2.66M
NOI $159,499 @ 7.0% cap · market cap 11.47%
Second Best
Flex RnD
$1.56M
$1.36M – $1.82M
NOI $108,905 @ 7.0% cap · market cap 7.83%
Theoretical Best
Specialty Retail
$2.76M
$2.42M – $3.22M
NOI $193,435 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,155
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - New construction 8,080 SF building ready for buildout.
Where is this flex space located?
The property is located at 4415 W Reno Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: New construction (2024) 8,080/SF building ready for custom buildout.; Excellent Reno Avenue visibility with strong traffic counts and easy Interstate access.; Ample dedicated parking with 37 spaces (4.6:1 ratio).
