Oklahoma City Service Garage For
4601 South Pennsylvania Avenue Oklahoma City, OK 73119
For Sale
Contact for pricing
4,700 SF service garage on 0.32-acre lot in Oklahoma City.
Property Size4,700 SF
Lot Size0.32 Acres
Price / SF$111.70
Days on Market133
Property Features for 4601 South Pennsylvania Avenue
General Information
Standard status
Active
Size
4,700 SF
Lot size
0.32 Acres
Property subtype
Retail, Industrial
Building Details
Year Built
1941
Listing Agency:
Creek Commercial Realty
Listed By:
Tyler Huxley · License #OK
Source:
Crexi
Added: Mar 18
Changed: Jul 6
Last Checked: Jul 26 at 5:22AM
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 Creek Commercial Realty
Investment Insights
Based on property information with market context.
This commercial property for sale is located on S Pennsylvania Ave in Oklahoma City. The site features a 4,700 sq ft service garage situated on a 14,000 sq ft (0.32-acre) lot. Constructed in 1941, the one-story building has operated as an auto service facility for decades. The lot provides space for parking and vehicle staging. The property is suited for auto service, light industrial, or retail uses requiring drive-in access. The property is located at S. Pennsylvania and SW 46th St. in Oklahoma City, OK.
Key Highlights
- 4,700 sq ft service garage on a 0.32‑acre lot
- Suitable for auto service, light industrial, or retail uses
- Space for parking and vehicle staging
Financial Insights For Industrial
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 | $42.3k | $9.00 |
| − Vacancy | −$1.5k | −$0.32 |
| EGI | $40.8k | $8.69 |
| − OpEx | −$12.2k | −$2.61 |
| NOI | $28.6k | $6.08 |
4,700 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $92,778 @ 7.0% cap · market cap 17.67%
Second Best
Industrial
$408.2K
$357.2K – $476.2K
NOI $28,574 @ 7.0% cap · market cap 5.44%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,518 @ 7.0% cap · market cap 21.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Supreme auto body shop — 5508 S Pennsylvania Ave Suite b, Oklahoma City, OK 73119
- Fili's Tire Shop — 5505 S Pennsylvania Ave, Oklahoma City, OK 73119
- MCINTIRE'S SMALL ENGINE REPAIR — 5115 S Youngs Blvd, Oklahoma City, OK 73119
- Xtreme Window Tint & PPF — 5512 S Pennsylvania Ave Suite A, Oklahoma City, OK 73119
- C & B Tire Service — 4915 S Pennsylvania Ave, Oklahoma City, OK 73119
Frequently Asked Questions
What type of property is this?
Auto shop - 4,700 SF service garage on 0.32-acre lot in Oklahoma City.
Where is this auto shop located?
The property is located at 4601 South Pennsylvania Avenue Oklahoma City, OK.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,700 sq ft service garage on a 0.32‑acre lot; Suitable for auto service, light industrial, or retail uses; Space for parking and vehicle staging
