New Flex Park For
For Sale
Contact for pricing
5000 SW 20th St, Oklahoma City, OK 73128
New flex park suitable for office, warehouse, and industrial uses.
Property Size44,000 SF
Price / SF$112.27
Days on Market232
Property Features for 5000 SW 20th St
General Information
Standard status
Active
Size
44,000 SF
Class
A
Property subtype
Industrial
Zoning
I-2
Building Details
Year Built
2026
Buildings
4
Stories
1
Units
32
Listing Agency:
ADEPT Commercial Real Estate
Listed By:
Cody Beat · License #OK 182075
(405) 831-0059
Source:
Crexi
Added: Feb 24
Changed: Oct 3
Last Checked: Oct 12 at 8:02PM
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 available for purchase, presenting an opportunity for owner-users and investors. The property features modern construction and an efficient design, with versatile space suitable for a variety of office, warehouse, and light industrial uses. The property is strategically positioned off SW 20th Street with immediate access to S Meridian Avenue, providing connectivity and ease of access. The property contains 44000 square feet.
Key Highlights
- Newly constructed small‑bay flex park.
- Excellent opportunity for owner‑users and investors.
- Versatile space suitable for office, warehouse, and light industrial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$267,498
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,349,960
$5.3M
Cap Rate 7%
$3,821,400
$3.8M
Cap Rate 9%
$2,972,200
$3.0M
Market Conditions
NOI Build-Up for 44,000 SF
Gross rent
$396.0K $9.00/SF
− Vacancy
−$13.9K −$0.32/SF
EGI
$382.1K $8.69/SF
− OpEx
−$114.6K −$2.61/SF
NOI
$267.5K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,349,960
Cap Rate 7%
$3,821,400
Cap Rate 9%
$2,972,200
Alternative Uses
Best Use
Flex RnD
$8.47M
$7.41M – $9.88M
NOI $593,050 @ 7.0% cap · market cap 12.01%
Second Best
Industrial
$3.82M
$3.34M – $4.46M
NOI $267,498 @ 7.0% cap · market cap 5.41%
Theoretical Best
Specialty Retail
$15.05M
$13.17M – $17.56M
NOI $1,053,360 @ 7.0% cap · market cap 21.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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 suitable for office, warehouse, and industrial uses.
Where is this flex space located?
The property is located at 5000 SW 20th St 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: Newly constructed small‑bay flex park.; Excellent opportunity for owner‑users and investors.; Versatile space suitable for office, warehouse, and light industrial uses.
