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Flex Space with Office and Warehouse
New
For Sale
$1,599,000

501 South Eastern Avenue, Elk City, OK 73644

A substantial office component complements two warehouse areas with three overhead doors apiece and 20-foot clear heights.

Property Size22,600 SF
Lot Size9.41 Acres
Price / SF$70.75
Days on Market4

Property Features for 501 South Eastern Avenue

General Information

Standard status Active
Size 22,600 SF
Total Parking Spaces 60
Lot size 9.41 Acres
Property subtype Office
Zoning I-1

Site & Location

Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 20 ft
Clear Span Yes
Warehouse Space 9,000 SF
Office Build-Out 13,600 SF
Power 400 amps
Voltage 480 V
Three-Phase Power Yes
Heavy Power Yes
Conditioned Warehouse Yes

Building Details

Construction insulated metal
Listing Agency: CBRE - Tulsa
Listed By: Hannah Mazur
Source: Cbre
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 20 at 5:38PM

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 CBRE - Tulsa

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Investment Insights

Based on property information with market context.

This 22,600± SF flex property occupies a 9.41± acre I-1-zoned site. Its office area totals 13,600± SF and includes perimeter offices, a training room, break room, conference room, and file storage. Two insulated, clear-span metal warehouse buildings provide 20-foot clear heights, LED lighting, and climate control in one building. Each has three overhead doors: 18' x 24' doors in one and 18' x 20' doors in the other. Both are equipped with 400amp 480/477 3 phase power.

The property is at 501 South Eastern Avenue in Elk City, Oklahoma. Site features include 60± paved, striped parking spaces, compacted gravel for additional vehicle and trailer parking, a full-size Generac generator, security cameras, and an automated keypad gate on the east side of Eastern Avenue.

Key Highlights

  • 22,600± SF flex property on a 9.41± acre I‑1‑zoned site
  • 13,600± SF office area with perimeter offices, training room, break room, conference room, and file storage
  • Two clear‑span insulated metal warehouse buildings with 20' clear heights

Property Analytics

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Current Use

Wendy's Restaurant

Suggested Use

Top Pick Auto Parts Store Locksmith Bakery Law Firm Electrical Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73644, OK

14,198
Population
7,256
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
90%
High-School Grad
185.2 sq mi
ZIP Area
77
Density / Sq Mi
$51,774
Median Household Income
$36,620
Median Earnings
$844
Median Rent
$167,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A substantial office component complements two warehouse areas with three overhead doors apiece and 20-foot clear heights.
Where is this flex space located?
The property is located at 501 South Eastern Avenue Elk City, OK.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 22,600± SF flex property on a 9.41± acre I‑1‑zoned site; 13,600± SF office area with perimeter offices, training room, break room, conference room, and file storage; Two clear‑span insulated metal warehouse buildings with 20' clear heights
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