New Flex Park For
For Sale
$4,940,000
5000 Southwest 20th Street, Oklahoma City, OK 73128
New flex park with versatile space in desirable location.
Property Size44,000 SF
Price / SF$449.09
Days on Market216
Property Features for 5000 Southwest 20th Street
General Information
Standard status
Active
Size
44,000 SF
Property subtype
Industrial
Building Details
Building Size
44,000 SF
Year Built
2026
Listing Agency:
ADEPT Commercial Real Estate
Listed By:
Cody Beat · License #182075
(405) 831-0059
Source:
Adeptcre
Added: Mar 5
Changed: Sep 4
Last Checked: Oct 7 at 10:41AM
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 ADEPT Commercial Real Estate
Investment Insights
Based on property information with market context.
This newly constructed small bay flex park is for sale, presenting an opportunity for both owner-users and investors. The property features modern construction, efficient design, and versatile space suitable for a variety of office, warehouse, and light industrial uses. Each unit features dedicated office space, a restroom, and a 14 foot tall by 12 foot wide grade-level overhead door. The property is outfitted with brand-new, energy-efficient LED lighting throughout. Contiguous space ranging from 1,375 to 11,000 square feet can be achieved through the utilization of adaptable floor plans. Located in the southwest submarket, the property is directly off SW 20th Street with direct access to S Meridian Avenue, less than a mile south of Interstate 40. It is strategically located with immediate access to Interstates 40, 44, and 240, ensuring connectivity for logistics and distribution. The property features four 11,000 square foot small bay flex buildings.
Key Highlights
- New construction small bay flex park, built in 2026, suitable for owner‑users and investors.
- Located in the desirable southwest submarket with immediate access to Interstates 40, 44, and 240.
- Versatile space adaptable for office, warehouse, and light industrial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,262
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,965,240
$3.0M
Cap Rate 7%
$2,118,029
$2.1M
Cap Rate 9%
$1,647,356
$1.6M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$237.6K $21.60/SF
− Vacancy
−$9.5K −$0.86/SF
EGI
$228.1K $20.74/SF
− OpEx
−$79.8K −$7.26/SF
NOI
$148.3K $13.48/SF
Area
Oklahoma City, OK
Vacancy
4.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,965,240
Cap Rate 7%
$2,118,029
Cap Rate 9%
$1,647,356
Alternative Uses
Best Use
Flex RnD
$2.12M
$1.85M – $2.47M
NOI $148,262 @ 7.0% cap · market cap 3.00%
Second Best
Industrial
$955.4K
$835.9K – $1.11M
NOI $66,875 @ 7.0% cap · market cap 1.35%
Theoretical Best
Specialty Retail
$3.76M
$3.29M – $4.39M
NOI $263,340 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73128, OK
5,950
Population
3,006
Households
2
Avg Household Size
33
Median Age
45%
College-Educated
87%
High-School Grad
7.3 sq mi
ZIP Area
815
Density / Sq Mi
$73,729
Median Household Income
$42,249
Median Earnings
$1,369
Median Rent
$192,200
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
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Frequently Asked Questions
What type of property is this?
Flex space - New flex park with versatile space in desirable location.
Where is this flex space located?
The property is located at 5000 Southwest 20th Street Oklahoma City, OK.
What is the asking price?
The asking price for this property is $4,940,000.
What are key features of this property?
This property features: New construction small bay flex park, built in 2026, suitable for owner‑users and investors.; Located in the desirable southwest submarket with immediate access to Interstates 40, 44, and 240.; Versatile space adaptable for office, warehouse, and light industrial uses.
