Insulated Warehouse on Corner
4511 SE 59th Street Oklahoma City, OK 73135
For Sale
$510,000
Warehouse on 5.68 acres with a 5,000 SF insulated metal storage building and two grade-level loading doors.
Property Size5,000 SF
Lot Size5.68 Acres
Price / SF$102
Days on Market157
Property Features for 4511 SE 59th Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 5.68 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 2000
Listing Agency:
Real Broker LLC
(405) 606-5340
Listed By:
Rhonda Russell
(405) 606-5340
Source:
Xome
Added: Feb 18
Changed: Jul 23
Last Checked: Jul 24 at 5:39AM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
The property consists of 5.68 acres on a corner lot and includes a 5,000 SF insulated metal storage building constructed in 2000. The building provides 14’ clear height and is served by two 12x12 grade-level doors. Electricity is available, while the building does not feature heat, air, or plumbing. A concrete pad supports the improvements.
The site is located off Sunnylane Rd and described as being in a high-visibility, traffic-oriented area. The property is currently zoned I-2. A commercial appraisal has been completed.
The site is located off Sunnylane Rd and described as being in a high-visibility, traffic-oriented area. The property is currently zoned I-2. A commercial appraisal has been completed.
Key Highlights
- 5.68 acres on a corner lot off Sunnylane Rd, positioned on a high‑traffic area
- 5,000 SF insulated metal storage building constructed in 2000 with concrete pad
- Building offers 14’ clear height and two 12x12 grade‑level doors
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 | $48.0k | $9.60 |
| − Vacancy | −$1.4k | −$0.29 |
| EGI | $46.6k | $9.31 |
| − OpEx | −$7.0k | −$1.40 |
| NOI | $39.6k | $7.92 |
5,000 SF · lease $9.60/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$565.4K
$494.7K – $659.6K
NOI $39,576 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.71M
$1.50M – $2.00M
NOI $119,700 @ 7.0% cap · market cap 23.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- On Call Self Storage Sunnylane — 6820 S Sunnylane Rd, Oklahoma City, OK 73135
- SecurCare Self Storage — 4900 S Sunnylane Rd, Oklahoma City, OK 73135
FAQs
What type of property is this?
Warehouse - Warehouse on 5.68 acres with a 5,000 SF insulated metal storage building and two grade-level loading doors.
Where is this warehouse located?
The property is located at 4511 SE 59th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 5.68 acres on a corner lot off Sunnylane Rd, positioned on a high‑traffic area; 5,000 SF insulated metal storage building constructed in 2000 with concrete pad; Building offers 14’ clear height and two 12x12 grade‑level doors
